Greek stone opportunity under debt crisis

The debt crisis in Greece has caused the world economy to rise and fall. Standard Chartered Bank's latest research report predicts that Greece is likely to exit the euro zone in the next 18 months, and this will be a huge business opportunity for businessmen and investors behind the crisis! If Greece exits the euro zone, the Greek sovereign currency Dellamark, which replaces the euro, will experience a sharp depreciation over a certain period of time. Greece will become cheaper than imagined! It is worth mentioning that Greece is a rich country of stone resources, the Parthenon temple in Athens, and the Temple of Zeus are all built by Greek marble, and its per capita output of stone is also among the highest in the world. Among them, Jazz White, Ascot White, Silver Fox, Red Marble, Agate Red, etc. are more famous Greek marble varieties. The reporter checked the public information and found that the main destination of Greek stone exports is a third country (non-EU countries), and China is the main importer. Other important export markets include the United States, Saudi Arabia, Brazil, Spain and Germany. On February 21 this year, the official website of the Economic and Commercial Counsellor's Office of the Chinese Embassy in Greece released a news of the acquisition of a marble quarry from the Greek investment agency GreenMis-sion. According to the news, GreenMission intends to find an investment partner to jointly acquire a marble quarry with an area of ​​100 hectares and a reserve of about 8 million cubic meters with a total investment of 8 million euros. "(I) mainly look at this variety as a mine, resources (I) can control." Mr. Hong from the stone department of Xiamen Brawan Trading Company said this when he talked about the Greek beige marble. He said that since the last year, the euro has been worth a lot of money, and the cost of importing marble from the company is much less. In addition, there are currently expectations of Greece's re-use of De LaMarc and the sharp depreciation of the currency, so some importers are prompted to go to Greece to buy some good quality stone. Since you don't have to worry about decay, you can put it back after you buy it, and wait until the market is good. However, since the outbreak of the debt crisis in Greece at the end of 2009, its domestic economic situation has become worse and worse, and the owners of marble mines have been unable to sit still. When talking about the newly-finished Greek marble mine, Mr. Hong told the Chengdu Business Daily reporter that “now they (Greece) have a bad economic situation and have to sell their assets.”

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