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Wednesday, June 19, 2013 Last Update: 4:51 PM ET

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This Greek Seeks a Chorus of Gifts


Peter Nomikos.
NEW YORK. (Wall Street Journal). As the 33-year-old scion of a Greek shipping family, Peter Nomikos has time and money to follow his passions. Based in London, he dabbles in investing, sponsors art museums and runs a winery and beer brand on his home island of Santorini. His latest cause: saving Greece from its debt crisis. Last month, the Princeton University graduate launched a nonprofit that will use donations to buy Greek government debt on the cheap. The

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  1 reader comment

1. Philip Vorgias
wrote on
June 24, 2012
1:12 PM
All Greeks want to help Greece, but many of us are looking for the same commitment to reforms that the TROIKA are looking for. To bailout Greece now, before labor and economic reforms have been passed, is to subsidize a non-workable state and reward unproductive conditions. The best bet for Greece is to push through the reforms and give confidence to banks and lending institutions that there is a future for that nation-then lending rates will come down. And then Greeks around the world will have the confidence and incentive to buy up Greek debt-and forgive it.
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