some wealthy entrepreneurial Greek shipping magnate

 

That might have been an accurate characterization in the early 90's. There is no such animal these days.

That might have been an accurate characterization in the early 90's. There is no such animal these days.

 

Not so sure. Shipping companies (and among them Greek shipping companies) enjoy a very priviledged status regarding taxes.

 

See : http://www.lowtax.net/lowtax/html/offon/greece/gressm.html

 

In other words, the rest of the country may be in dire straits but rest assured the shipping companies (and magnates) are still fine, thank you.

 

Rgds,

 

Bruno