Chapter 2903 Unable to Hold Greece

By mid-August, the European debt crisis had erupted for about a year.

During this year, the European economy not only did not improve, but instead slipped more and more into the abyss of decline.

The root of the European debt crisis lies in the fact that Europeans lack self-motivation and are not very interested in the development of industry and technology.

Not just some people, but almost all the people in these countries.

But when lazy countries emerge, it is not surprising that they are borrowing money to get by.

The most exaggerated thing is that even if there is no economic growth point, they dare to provide such high welfare benefits. It is simply unacceptable that such a country will not be finished.

Greece is a typical example of this.

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

In the past few years, real estate subprime bonds in the United States were very popular, and the national funds and banks in Greece also bought a lot of them, and they were able to eat and drink just by collecting interest all day long.

But now the subprime debt has collapsed directly, and many banks in Greece have also collapsed. In addition, the money they borrowed continues to expire. If the Greek debt had not been assisted by the European Union, I am afraid that it would have collapsed long ago.

Now, a year later, although Greece has not collapsed, it is only one step away from collapse.

The salaries of their civil servants are all paid by loans from the European Union, otherwise the order of the entire country will be lost.

But the EU's assistance is not endless. Now Italy, Spain, Portugal, Northern Ireland and other countries also need assistance. In addition, the British shit stick is desperately instigating the dissolution of the EU. Germany and France can only suffer. It is hard to support them, and the support for 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, in February and March, they launched a series of plans to sell the country.

As long as it is a company and shares held by the Greek state, whether it is islands, airports, ports, land resources, infrastructure, energy supply, etc...all are clearly marked out at real prices, so that everyone can buy quickly.

To be honest, many people were really taken aback by the fact that this country dares to sell anything.

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

But looking at the price marked by the Greek government, everyone has already retreated.

your sister!

I thought it was a clearance sale, but it turned out to be slaughtering pigs?

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

The fire sale of state-owned assets in the whole of Greece has become a farce because of their unfounded and random pricing and because their expectations for the market are too high.

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

right.

You read that right, it is true that none of them were sold.

I don't know if people think the price is too high, or because they don't need it, or because they want to collectively lower the price. Anyway, Greece's plan to sell to the country has become a laughing stock.

Under such circumstances, faced with another debt of more than three billion euros coming due, the Greek politicians who have run out of water are finally not so unrealistic. After another round of discussions, They're back with a tentative second-stage fire sale.

Taking the lead is Greece’s more than 7,000 large and small islands in the Aegean Sea and the Ionian Sea. It is even more than 200 million euros.

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

Such a price may seem expensive, but correspondingly, Greece has also lowered the land tax rate of private islands from 8% to 12% to 3%, so that the tax rate is in line with the common international tax rate. up.

When Xiao Qi heard the news, his interest in the Greek islands was rekindled.

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

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

Don't look at how much you have paid, but whether the value of the land is still there after paying taxes, and whether it is suitable for passing on as good property.

Xiao Qi did some calculations. If he followed his previous considerations, he would buy a string of about 100 large and small islands near the Aegean Sea, with an area ranging from 50 mu to 5,000 mu. Those larger than 500 mu would be used for island vacations. For business, the ratio of only using and doing business should be about 1:9.

If the diving, yachting, vacation, etc. of this string of islands are developed, 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 sea is very suitable for its nickname of "big bathtub".

The design team 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 the net profit can be at least 25%. %, this is not a small income.

And the most wonderful thing is that it is still the profit after deducting the cost of Xiao Qi's private island, unlike the Maldives, which has to pay a large amount of expenses every year.

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

As for visas, it’s easy to handle. The tourism economy has always been one of Greece’s biggest sources of income. This time the European debt crisis happened here. One of the reasons is that European tourists don’t have so much money and can’t come to travel. Greece's income plummeted.

Therefore, as long as it is confirmed that Xiao Qi bought the island for business purposes and to boost their income, they themselves will actively help with the formalities.

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

Originally the best candidate was actually Goldman Sachs, but now Goldman Sachs is already being beaten by everyone in Europe. It was reported some time ago that the Italian government wanted to issue a fine of more than 8 billion euros to them. Now they definitely have no way to do anything in Europe. of.

The advantage of these major international investment banks is that they act as a good middleman, and they have enough credit to match the business between the two parties without worrying about the other party's insincerity.

The 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 the fact that things have not been negotiated yet, the Greek government would like to tell the world: You see, the richest people in the world know that Greece is worth investing in, so come and buy it!

The relationship between Credit Suisse First Boston Bank and Xiao Qi is very good. Not only did Xiao Qi give them a generous commission this time, but they also wanted to use this to get involved in the Greek government's sale of projects with assets in the country, so they negotiated with the Greek government. very positive.

From the beginning of the negotiation, they directly lowered the price by 5%, and the most important tax rate issue, as well as the tax rate standard price issue, are also their key negotiation points.

There are also the transformation of the island, the supply of water, energy and food, the employment of personnel, etc., which are very cumbersome and cannot be ignored.

Anyway, this matter cannot be completed in a day or two, so the delegation is prepared for a long-term see-saw negotiation.

But the news from the Greek government is very urgent.

According to the calculation of the area of ​​the small island group proposed by Xiao Qi, the Greek government can earn 3 billion euros in one go, and the transformation, material demand, economic stimulus, etc. involved in the back are at least tens of billions of euros, and more Not to mention that there are still stable taxes to be expected.

The most important thing is that once Xiao Qi opens the door to buy the island, there are still more than 7,000 islands in Greece. Even if only one-tenth of them are sold, there will be an income of about 20 billion euros. Then there are also benefits such as consumption tax!

Such a large amount of income is a happy event for the Greek government that is already at the end of its rope, and it is a life-saving kind.

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

That's more than 100 million euros!

In such a situation, Credit Suisse First Boston naturally became more calm and wanted to fight for the best conditions for the employer.

However, according to their feedback, if the debt problem of the Greek government cannot be effectively alleviated, then it is normal for them to make big concessions, and it is not impossible to achieve the conditions Xiao Qi hopes for.

Xiao Qi was looking forward to this.

I really want to build the Aegean Sea in Greece as a resort. Except for the 7-hour journey, everything else is better than the Maldives.

At that time, not only my own family members, but even the people of China will be able to enjoy the various styles of Europe, and enjoy the benefits brought about by the prosperity of the country and the prosperity of the people! (To be continued ~^~.)