By GRReporter
Emir of Qatar Hamad bin Khalifa Al-Thani has bought the Island of Oxeia in the Ionian Sea together with five smaller islands, which belong to the Echinades group of islands. The total price of these properties is approximately 8.5 million euro. They were privately owned and the municipality of Ithaca in the Ionian Sea plays only an administrative role there. The area of Oxeia is 4,200 km2, for which the Arab magnate paid 4.9 million euro. The other five smaller islands have a total area of 1,600 km2 and were sold for a total of 3.5 million euro. The area of Oxeia is 4,200 km2, for which the Arab magnate paid 4.9 million euro. The other five smaller islands have a total area of 1,600 km2 and were sold for a total of 3.5 million euro.

The news of the sale of the island chain has provoked mixed feelings in Greece. Some are stressing the return of investor interest whereas others perceive the deal as a sale of Greek land. The website for ecological news and development econews.gr chose to spread the news with the ironic title "United Arab islands of the Ionian Sea." Ithaca’s mayor stresses that the sale of the islands does not involve the government and that the property was originally privately owned. Small island areas often are purchased primarily for investment purposes rather than for making them a personal oasis. Although a large part of the Echinades group of islands is under protection, some of the islands can be built.
Meanwhile, the government has announced that Athens will establish a Greek-Qatari investment fund. It will have an initial capital of one billion euro and its establishment was agreed during the last meeting of Prime Minister Antonis Samaras in Qatar in January.

"The use of public property not only will bring revenue to the treasury, but it will also positively influence the investment climate in the country, which we greatly need," states economist Haralambos Gotsis.
http://gogreece.about.com/gi/o.htm?zi=1/XJ&zTi=1&sdn=gogreece&cdn=travel&tm=5&f=22&tt=2&bt=0&bts=0&zu=http%3A//www.grreporter.info/en/
No comments:
Post a Comment