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Sunday, August 11, 2013

Greece embarks on a firesale

Islands, palaces royal estates and embassies must go as fears grow that country has entered full-blown depression When you hit hard times, it is time to pawn or part with the family silver – and an unprecedented clearout is now under way in Athens. Greece has announced it will sell anything it can do without – and in the case of the debt-choked nation that means letting go of islands, royal ...

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