German Company to Buy Greek Island “For Customers”

Posted: December 25, 2014 in Econ 101, Society and Culture


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German Optics Company to Buy Greek Island for Customers

by Aggelos Skordas – Dec 24, 2014


A well-known German eyewear company has challenged its customers to buy 420,000 frames and, in exchange, it will buy a Greek island for them.

Libuda Optic World, based in Villingen-Schwenningen in southern Baden-Wurttemberg, Germany, which is specialized in manufacturing and selling glasses, has shown interest to buy the Greek island of Agios Athanasios, located in the Corinthian Gulf, as part of its incentives program for top customers. It should be noted that the specific island was also rumored to be sold in 2009 for a sum of 1.5 million euros.

A company spokesman stated that in previous similar programs it has offered flights to space and that the latest one is based on the German people’s desire to spend their vacations in Greece.

The island’s cost is estimated at 1.5 to 1.6 million euros and Libuda Optic World added that it will also purchase Agios Athanasios for its customers if they buy just 155,000 frames and contribute another 1 million euros to the deal.


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