The debt crisis has forced the Greek government to raise taxes, and the real estate slump has made holding on to property cost-ineffective. More and more owners are putting their idyllic Greek islands up for sale to escape the tax burden. Some of the buyers are reportedly Middle Easterners, and include members of the royal family of Qatar.
In other news, France and Germany have agreed that they will shut their borders to immigrants for up to thirty days during migration emergencies. Some critics say that this action violates the Schengen Agreement.
To see the headlines and the articles, open the full news post.
Notice to tipsters: Please don’t submit extensive excerpts from articles that have been posted behind a subscription firewall, or are otherwise under copyright protection.
Commenters are advised to leave their comments at this post (rather than with the news articles) so that they are more easily accessible.
Caveat: Articles in the news feed are posted “as is”. Gates of Vienna cannot vouch for the authenticity or accuracy of the contents of any individual item posted here. We check each entry to make sure it is relatively interesting, not patently offensive, and at least superficially plausible. The link to the original is included with each item’s title. Further research and verification are left to the reader.