tag:blogger.com,1999:blog-5882645467378797266.post8691198457135065501..comments2023-07-17T11:55:51.363+02:00Comments on ObservingGreece: Are the Chinese Smarter than the Europeans? (follow-up)kleinguthttp://www.blogger.com/profile/12491174042954678023noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5882645467378797266.post-23358033349110096382014-06-25T12:33:03.343+02:002014-06-25T12:33:03.343+02:00"The crafty Greeks are considered to be maste..."The crafty Greeks are considered to be master wheelers and dealers,"<br /><br />Surely, George Panadreou must be an example for that. His troika deal will be lectured in universities as how a borrower deals with the creditor.<br /><br />The chinese "deals" are better than the german "no deals". It is better to have a confirmation of an intention for Hellenikon, where the chinese signed to invest 200 million, than having the non confirmation of the "Helios project", which at the end brought 0 million investment.<br /><br />For someone in the desert, a glass of water is precious. Even if 3.5 out of 4.6 goes to shipping companies loans, it's better than 0 bln. Moreover, even though the greek shipping companies pay practically no taxes, they do make up for a percentage of the GDP and a shipping company with work and ships is better than one with no work and no ships.<br /><br />Moreover, the small greek exports in oil, wine and marble, may have an indirect benefit of making greek products known to chinese market.<br /><br />Last, the Chinese, seem the only ones interested in buying something of the "state portfolio", which is on TAIPED's list and is a troika demand. They expressed interest beyong Pireaus harbor, for 55% of Athens airport, Kastelli airport in Crete and maybe a deal for the railways.<br /><br />Who else showed interest? The European leaders, visit Athens, go the Acropolis museum, try the usual flatter about ancient Greece that everyone has heard 100 times since its birth, pat Samaras on his back and then tell him "now we send you the troika, be good with them, goodbye". Oh, in the first year of crisis some were still hoping to sell weapons to Greece as "financial boosting" (of their weapons industries).Anonymousnoreply@blogger.com