Selling land is out. “Sell your islands, you bankrupt Greeks” will not play well in Athens now.
What about a face saving land trade? For every island Greece sells it gets cash plus an equal amount of land in Greenland.
Denmark already refused to sell any of Greenland back when there was more on offer, it was much poorer, and it needed the funds much more.
equal amount of land in Greenland
In the eyes of whom would that be anywhere near “face saving”? It would probably be even worse from that perspective than only getting cash.
Selling land is out. “Sell your islands, you bankrupt Greeks” will not play well in Athens now.
What about a face saving land trade? For every island Greece sells it gets cash plus an equal amount of land in Greenland.
Denmark already refused to sell any of Greenland back when there was more on offer, it was much poorer, and it needed the funds much more.
In the eyes of whom would that be anywhere near “face saving”? It would probably be even worse from that perspective than only getting cash.