Age of Dreams

Vol 2 Chapter 2903: Unsustainable Greece

By mid-August, the European debt crisis broke out for about a year or so.

In this year's time, the European economy has not only failed to improve, but has increasingly slipped into the abyss of decline.

The root cause of the European debt crisis lies in the fact that Europeans lack self-motivatedness, have little interest in the development of industry and technology, and want to live a life for nothing all day long.

It's not just some people, but almost all people in these countries.

But when lazy countries emerge one by one, it is not surprising to borrow money to live a life.

The most exaggerated thing is that even if there is no economic growth point, it still dares to get such high welfare benefits. Such a country will not end, and it is simply intolerable.

Greece is a typical example among them.

The so-called romantic Aegean Sea, Greek classical civilization... When these vain things occupy the main external impression of a country, it can also be judged how lazy these Greeks are.

! No! Wrong!

In the past few years, the real estate subordinated bonds in the United States were very popular, and the national funds and banks in Greece also bought a lot of them and held them in their hands. All day long, interest was enough to eat and drink.

But now the subprime debt has collapsed directly, and even many Greek banks have collapsed. Coupled with the continuous maturity of the money they borrowed, the Greek debt would have collapsed if it had not been aided by the EU.

Now that a year has passed, although Greece has not collapsed, it is one step away from it.

The salaries of their civil servants are all based on EU loans, otherwise the order of the entire country will be gone.

But the EU’s assistance is not endless. Now Italy, Spain, Portugal, Northern Ireland and other countries all need assistance. Coupled with the British desperately inciting the dissolution of the EU, Germany and France can only suffer. Support hard. The support given to them is getting less and less day by day.

It is true that Greeks are stupid, but not all Greeks are stupid, at least those who can be politicians are not stupid.

Therefore, they launched a series of sales plans in February and March.

As long as it is companies and shares held by the Greek state. Whether it's islands, airports, ports, land resources, infrastructure, energy supply, etc... all are clearly marked with real prices, so that everyone can buy them quickly.

To be honest, many people are really taken aback. They dare to sell everything in this country.

But in any case, Greece has a very good geographical environment in the Mediterranean. Many things, such as airports, ports, islands, etc., are very good assets, so many people really want to go and inspect it.

Take a look at the prices marked by the Greek government. Everyone has already retreated.

your sister!

Thought it was a clearance sale, but it turned out to be piglet slaughter?

At such a high price, you are more than 30% more expensive than when the economy is good, and the expensive taxes, etc., I only buy these things after I eat too much, and then give myself such a heavy burden!

All of Greece’s state-owned assets were sold off because of their unfounded and unreasonable pricing, because their expectations of the market were too high. It became a farce altogether.

Almost half a year has passed, and none of the state-owned assets of Greece has been sold.

Correct.

You read it right. It's true that nothing has been sold.

I don’t know if people feel that the price is high, or there is no need, or they want to collectively lower the price. Anyway, the selling plan of Greece has become a laughing stock.

In this case, facing another debt of more than 3 billion euros to be due, the Greek politicians who have been exhausted. After all, it was not that unrealistic anymore. After more discussions, they started a second stage of tentative sale.

As the first one is Greece's more than 7,000 large and small islands in the Aegean and Ionian Seas. This time there is no one 100 acres of small islands that will sell for 8 million euros and a radius of two to three kilometers. The price is It is even more than 200 million euros.

They lowered the price drastically. The small island of about 100 acres was directly reduced to 3 million euros; the large island with a radius of two to three kilometers was only sold for about 90 million euros, which is equivalent to a discount of about 40%.

Although this price seems a bit expensive, Greece has also lowered the land tax rate for private islands from 8%-12% to 3%, so that the tax rate is in line with the general international tax rate. Up.

Upon hearing this news, Xiao Qi rekindled his interest in the Greek islands.

For the Chinese, land is the most valuable and most worthy of inheritance at any time.

Although all countries basically have real estate tax and land tax, since everyone has to pay, it is normal.

It doesn't need to look at the amount paid, but whether the value of the land is still available after the tax is paid, and whether it is suitable for passing on as a good property. If there is, you can buy it. If it doesn't work, then don't buy it.

Xiao Qi calculated it. If it was based on his previous considerations, he would buy a bunch of about 100 large and small islands near the Aegean Sea, ranging from 50 acres to 5,000 acres, and those larger than 500 acres would be taken out for island vacations. For business, the ratio of only use to business should be around 1:9.

If this series of islands are developed for diving, yachting, vacations, etc., it has more advantages than the Maldives.

After all, the scenery of the Mediterranean Sea is much better than that of the Indian Ocean. The calm and the waves are very suitable for its nickname "Big Bath".

The design team has also made several plans for Xiao Qi. No matter which one is implemented, as long as the annual tax rate is lower than 5%, it can guarantee a good operating profit within 100 years, and a net profit of at least 25%. %, this is a lot of income.

And the best part is that it is still profit after subtracting the consumption of Xiao Qi's private island, unlike the Maldives, which has to pay a large amount of expense separately every year.

Not to mention Europeans, they are Chinese people who have become more and more wealthy. They have a deep love for the islands. As long as the environment is well done and the price is set at a mid-range price, there will be no shortage of customers.

As for visas, everything is easy to handle. The tourism economy has always been one of the largest sources of income in Greece. This time the European debt crisis has occurred here. One reason is that European tourists do not have that much money and cannot come to travel. Greece’s income plummeted.

Therefore, as long as it is determined that Xiao Qi bought the island for business, in order to promote their income, they will actively help with the procedures themselves.

After confirming that the attitude of the Greeks was more correct this time, Xiao Qi also asked the people of Credit Suisse First Boston Bank to negotiate with the Greek government on his own behalf.

Originally the best candidate was Goldman Sachs, but now Goldman Sachs is everyone in Europe. It was only a while ago that the Italian government was going to give them a fine of more than 8 billion euros. Now they definitely cannot do anything in Europe. of.

The advantage of these major international investment banks is that they act as a good intermediary, and they have enough credit to match the business of the two parties without worrying that the other party is not sincere.

People from the Asset Management Department of the Greek Government expressed their great welcome to Xiao Qi's desire to invest and to win more than 100 islands in one go.

If it weren’t for things that haven’t been done yet, the Greek government would want to tell the world: You see, the richest man in the world knows that Greece is worth investing in, so come buy it!

Credit Suisse First Boston Bank and Xiao Qi have a very good relationship. Not only did Xiao Qi give them a generous commission this time, but they also wanted to intervene in the Greek government to sell projects with national assets, so they went to negotiate with the Greek government. Very positive.

From the beginning of the negotiation, they directly reduced the price by 5%, and the most important issue of tax rate, as well as the issue of the standard price of tax rate, was also the focus of their negotiation.

There are also the transformation of small islands, the supply of water, energy and food, and the recruitment of personnel. These are all very cumbersome and must be discussed.

Anyway, this matter cannot be completed in one or two days, so the delegation is prepared for long-term seesaw negotiations.

But the news from the Greek government, the government is very urgent.

According to the calculation of the area of ​​the small island group proposed by Xiao Qi, almost the Greek government can earn 3 billion euros in one go, and the subsequent transformation, material demand, economic pull, etc., are at least tens of billions of euros. Not to mention that there is a stable tax that can be expected.

The most important thing is that once Xiao Qi opens the way to buy small islands, there are more than 7,000 islands in Greece. Even if only one-tenth is sold, there will be another 20 billion euros in revenue. Then there are also benefits such as consumption tax!

Such a large amount of income is completely a happy event for the Greek government, which has been exhausted, ~www.wuxiaspot.com~ and it is a life-saving kind.

Otherwise, how can the price be reduced by 5% after only two or three days of negotiation?

That's more than 100 million euros!

In this situation, Credit Suisse First Boston Bank is naturally more complacent and wants to strive for the best conditions for employers.

However, according to their feedback, if the Greek government's debt problem cannot be effectively alleviated, then their big concessions are normal, and the conditions Xiao Qi hopes are not impossible to achieve.

Xiao Qi was looking forward to it.

I really want to build the Aegean Sea in Greece as a holiday destination. Except for the journey which takes about 7 hours, everything else is better than the Maldives.

At that time, not only my family, but even Chinese people can enjoy the various styles of Europe, and enjoy the benefits that come after the country becomes strong and the people prosper! (To be continued.)

The 293rd chapter can't support Greece:

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