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Dr A R Shole has come up with a novel suggestion to resolve the Greek Debt Crisis and that is to sell some Greek Islands to Taurus Orators, who will then be able to develop these islands into a new financial centre which by its location will be able to serve both Europe and the Middle East.

Dr Shole has had discussions with Greek Finance Minister Yanis Varoufakis on this proposal, which has been warmly welcomed by the Greek Government.

The idea would be to have a financial centre totally free from the entire EU restraints, especially the remuneration of fund managers and the need to hire half of the investment community to meet the AIFMD requirements.

Taurus Orators has had a successful track record of innovation. Its offer to purchase The QE2 from Dubai was a bold attempt to create a floating hedge fund jurisdiction. The Ex- Sovereign Wealth fund launched in 2011 attracted a large amount of money, which has as yet not been fully invested. One hold up was a claim from the Libyan government for the return of monies legitimately invested by the late President Gaddafi.

The Macropus¹ Court of the Hague ruled on the 1st April 2014 that the fund did not have to return the money to Libya and that it could be invested by the Taurus Orator’s Ex-Sovereign wealth fund.

The idea of turning some of the Greek islands into an off-shore financial centre has come about following the overwhelming success of turning the Malta island of Fifla into a separate financial cen......................

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