...What you can get with 11 million euros in Ierissos, Chalkidiki, Greece ? How about gold, yes pure gold!, worth more than 22 billions of euros (USD 30 BILLION approximately)...
On January 28, 2004 in the Official Government Gazette the Law 3220/2004, was published, which effectively ratified the contract transferring Chalkidiki (a prefecture in Northern Greece that was aptly named “God's paradise” for its breathtaking views and ecosystem) public land, forests, and 310 houses, from the Greek state to an upstart company named "Greek Gold."
Among other valuable public assets sold for peanuts to a company that appears to be controlled by media and construction baron George Bobolas who never invested, or had experience from the mining industry in his life, the “socialist” Greek government of Konstantinos Semitis, sold out a few months before the Olympic Games of Athens 2004:
2,500 acres of public land
40,000 sq.m. of industrial
buildings and offices (public land again)
Mining area of 317,000
acres (public property)
11,000 sq.m. of urban (public) land
310 houses at Stratoni, Chalkidiki (public -owned)
2 complete assembly lines of mechanical equipment of olive processing land enrichment mechanical equipment (!!!)
Special mining equipment
A stock of 270.000 tons of arsenopyrite concentrate (approximately 250,000 ounces of pure gold)
All these and many many more for the bargain price of 11,000,000 euros. Peanuts back then in 2004.
SOURCE: Newspaper TO CHONI