Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Some of these companies are run with the long term in mind, like Diana Shipping run by Simeon Palios, but other companies such as DryShips run by George Economou have shown a proclivity toward hopping on the quick dollar even at the expense of future business and reputation. So it's anyone's guess what these people would do if Greece instituted a new law.

But, don't expect help from Europe, if you're Greece. When a soda tax was prescribed by the troika for Greece, Hellenic Coca-Cola bottling (#2 bottling in the world after Coke Atlanta) threatened to move, and apparently there were suitors in Eastern Europe.

This is just like the transparency in banking accord that was just nixed by Austria and Luxembourg (among others) even as Switzerland AGREED to it!!

by Upstate NY on Thu Jun 14th, 2012 at 09:02:02 AM EST
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