Rick Steves' Greece: Athens & the Peloponnese amazon.com
Bust: Greece, the Euro and the Sovereign Debt Crisis - By Matthew Lynn amazon.com
Greece's 'Odious' Debt: The Looting of the Hellenic Republic by the Euro, the Political Elite and the Investment Community - By Jason Manolopoulos amazon.com
Understanding the Crisis in Greece: From Boom to Bust - By Theodore Pelagidis amazon.com
The Imminent Crisis: Greek Debt and the Collapse of the European Monetary Union amazon.com
Eyewitness Greece - Athens and the Mainland - 352 Pages
Financial markets and economic growth in Greece, 1986-1999 [An article from: Journal of International Financial Markets, Institutions & Money]
Athens Demographics:
The population count for Athens was 10,964,020 in 2001. According to eurostat, in 2008 Greece had a total estimated population of 11,262,000. Of this, some 695,979 are estimated to be non-Greek.
June 20, 2010
Chinese spending in Greece: bargains a plenty
Article by Mary Jo A. Pham at Fortune, via money.com.
"China is hunting for bargains in some unlikely corners of the world. Earlier this week, it opened its checkbook to make 14 commercial investments inside Greece, which is struggling to avoid defaulting on its mounting debt. China's vice premier Zhang Dejiang signed off on each contract, securing deals in major industries such as telecommunications, real estate and shipping during his four-day visit to Greece, which began on Monday.
Among the contracts signed was a $123 million contract between Helios Plaza and BCEGI, a Chinese real estate company intent on developing a hotel and commercial complex for tourism in Piraeus, Athen's largest port town. Huawei Technologies, a Chinese telecom solutions provider, also inked a deal with Hellenic Telecommunications Organization SA. The company will equip the tourism complex BCEGI is financing.
...China has made other market building bargains in otherwise overlooked countries, including Costa Rica, Sudan and Zimbabwe. While the United States is heavily financing the war in Iraq and Afghanistan, China is taking advantage of U.S. security there and negotiating oil field contracts and managing the Anyak copper mine, home to one of the largest deposits of the metal in the world."
For China, part of the motivation in Greece (and elsewhere) is not just the cheap buying opportunities, but the momentum of Chinese economic development is at risk of hitting a brick wall, and must continue to expand or could implode.
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