LETTER FROM A GREEK DEVELOPER

First of all, I would like to assure you, that most people here in Greece find the economic crisis
as an opportunity to make things better.
This becomes clear, to everybody who visits our country now.

Our Development group has a 60 year history in the construction sector in Greece.
XXX Group consists of four affiliated companies, with an active presence in Greece and Romania.
Our business activities in Greece cover Athens, Thessaloniki, Mykonos (www.morfiislands.com) and Crete.

In Cret