Greece Prepares to Lease 40 Uninhabited Islands to Reduce Debt

Greece Prepares to Lease 40 Uninhabited Islands to Reduce Debt

Chris Ratcliffe/Bloomberg

The beach area and property in Vouliagmeni, Greece. While some islands are already privately owned, such as Skorpios by the Onassis shipping heiress Athina Onassis, the state owns islands such as Fleves, which is near the coastal resort area of Vouliagmeni, and a cluster of three islands near Corfu.