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February 1, 2013

Greece accepts $31M bid for island

ATHENS, Greece (AP) — Greece's state privatization fund says it has accepted a 23 million euro ($31 million U.S.) bid from New York-based investors to develop real estate on the western resort island of Corfu.

It is the first successful deal involving a large plot of state-owned real estate, which accounts for about 50 percent of Greece's ambitious privatization program.


 
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