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On the cable, I continue to sell, the last upward wave, although five-wave, is composed of threes. Therefore I consider it as a KDT. Imho...
On the small ones there is a downward momentum...
Sostratos FX Daily Strategy: Sell EURUSD: Entry: 1.23120, Target: 1.21370, Stop Loss: 1.23720
Sostratos FX Daily Strategy: Sell AUDUSD: Entry: 0.86910, Target: 0.85810, Stop Loss: 0.87160
A bullish option on the euro...
Greece is preparing to sell or lend some of its 6,000 sunny islands in a desperate attempt to pay off debts, The Guardian says (translated by InoPressa).
The newspaper has learned that Mykonos, one of Greece's top tourist destinations, is being offered for sale among other properties. According to a source close to the negotiations, a third is owned by the government, which is looking for a buyer willing to invest in the development of the luxury tourist complex.
Potential investors eyeing the Rhodes property are mostly Russians and Chinese. Investors from both countries see the Mediterranean as a tourist destination for their wealthy populations. Roman Abramovich is allegedly among the interested parties, although his spokesman denies that he intends to invest, writes author Elena Moya.
"It makes me sad - selling off islands or territories belonging to the people of Greece should be a last resort," said Makis Perdikaris, director of Greek Island Properties. - But first and foremost we need to develop the economy and attract foreign investment to build the necessary infrastructure."