German MPs suggest cash-strapped Greece should sell islands

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Greece should sell some of its uninhabited islands to raise cash to avoid bankruptcy, two German parliamentarians from Chancellor Angela Merkel’s centre-right coalition suggested on Thursday.

“The Greek state must sell stakes in companies and also assets such as, for example, unpopulated islands,” Frank Schäffler, a member of parliament for the pro-business Free Democrats, told the Bild daily.

Marco Wanderwitz, an MP for Merkel’s own conservative Christian Democrats, said Athens should provide collateral for any money it receives from the European Union to help it out of its debt crisis.

“In this case, certain Greek islands also come into question,” added Wanderwitz.

“We give you cash, you give us Corfu,” the Bild commented.

Full story: German MPs suggest cash-strapped Greece should sell islands – The Local

Tags : angela merkel bankruptcy eu
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