Greece is almost the synonymous with the word island.
With around 6000 islands in total, mostly privately owned, Greece is a land of private island paradise. Greece was a developed country with high standard of living and “very high” in Human Development Index.
Greece is facing economic hardships and has been defaulting on its loan for many years.
Greece main industry are tourism, shipping, industrial products, food & tobacco processing, textiles, chemical, metal products, mining & petroleum.
Greece also faced unemployment levels, an efficient bureaucracy, tax evasion & corruption.
After almost 15 years of stable economy growth, they again fell into the pond of recession due to high ratio of loans.
Now the conditions are so pathetic that the Greece government decided to sell all the islands and the luxury properties to erase some of its debt.
Earlier buying an island was the most difficult thing OR a most expensive dream. But now anyone can buy an island as low as 2 million dollars. For Indian who has dream of buying an Island then it is the right time to do so. Now buying an Island as cheap as a house in India, Life has changed so much.
However selling or buying an island is virtually impossible in this country, due to an elaborate maze of bureaucracy, which must be navigated at all governmental levels, plus military and religious regulations, decrees, laws, proclamations and a virtually non-existent land registry.
GOD BLESSES GREECE.
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