Thursday, 20 September 2012

Debt crisis: Greece sells London property to raise funds - Telegraph

Debt crisis: Greece sells London property to raise funds - Telegraph

Estate agent Marsh & Parsons, has been appointed to sell the Victorian house, which stretches across 10,000 square feet in the exclusive London borough, in a sale that could fetch £12m.

A former palace that belonged to Greece’s royal family is also on the block. The partially-ruined Palace of Tatoi near Athens was home to the family before they fled Greece in 1967. The estate comes with 40 outbuildings and stables, plus an old family graveyard.

Other lots include office buildings in Brussels, property in Belgrade, a home in Llubljana and land in Nicosia, Cyprus. Last year Greece agreed to raise €50bn before 2020 by auctioning off assets.

Meanwhile, the Finnish Prime Minister Jyrki Katainen added to the criticism of the eurozone’s big rescue plan - European Central Bank’s new bond-buying plan. “It has led to a positive situation, but I’m not fully sure if it will help in the long run,” he said.

No comments:

Post a Comment