Chapter 1320: Chapter 1136: We Mean Business When Collecting Debts! (Part 2)

The funds will all pass through my bank, and just collecting the fees will be a large sum of money.

Moreover, most of their funds will be retained because they can buy what they need within this trade network.”

Xiao Ma frowned upon hearing this and said, “China?”

Joe Ga spread his hands and said, “Other than China, which other country in the world can consume so many things.

Of course, if France wants in, I can guarantee the price will be very reasonable!

Not an exploitative price, but a long-term trade price below market value.”

Joe Ga looked at the surprised Xiao Ma, smiled, and said, “Buddy, let me remind you, P.B. Bank is a French Bank.

Although the banking business isn’t doing so well in France right now, we’re quite financially strong, and if you need, we can transfer funds to France for some valuable investments anytime.

You should understand that I am fond of value investing. As long as a project is profitable, I don’t mind extending the profit period a bit.”

Xiao Ma immediately realized this was a hint from Joe, suggesting that at times, P.B. Bank could cooperate with some of his domestic policies.

This kind of support is absolutely in place!

Thinking about how he gained so much just from chatting with Joe, Xiao Ma smiled and said, “Then I’ll thank you in advance…”

Saying this, Xiao Ma glanced at Kiplas, regretfully shook his head, and said, “It’s a pity Greece has let down your trust; the 2.5 billion euro bond redemption would put a huge burden on P.B. Bank.

Moreover, the Greek government’s ability to redeem is in question, affecting your next round of bond financing.

It’s too difficult for you to single-handedly support Crete’s construction!

The current situation is dire, and I personally suggest you pause for a while and think about ways after Turkey stabilizes a bit.

Maybe by then, the Greek government could secure a loan from the IMF…”

Even if Greece secures a loan, it is unlikely to be used on Crete. They’ve largely resolved foreign debt, but domestic deficits are enormous.

Upon hearing Joe’s intention to hold on, Kiplas ignored showing respect to Xiao Ma, walked a few steps excitedly, and said, “Hu Lang, no, sir, I know we’ve done foolish things. However, we can use valuable assets as collateral to re-invest loans into the infrastructure project of Crete.

We can even use Crete’s future 20-year revenue as collateral, as long as you can insist on keeping the plan in motion…

The actual unemployment rate in Greece has long exceeded 28%, not the announced 21%.

We need to continue the major projects on Crete; we need to provide enough job opportunities here…”

Joe Ga sneered and said, “Brother, helping you redeem the 2.5 billion euro bonds means you already owe me 2.5 billion.

Then I shell out more money to prop up Crete’s infrastructure and let other companies step in to grab the ready-made…

Do I seem particularly foolish?”

Kiplas listened and said helplessly, “Sir, what do you want? As long as it’s a condition I can agree to, I’ll try to convince the parliament to pass it…”

Joe Ga exchanged a glance with Xiao Ma, then smiled and said, “I want the rights to extract natural gas from the eastern sea of Crete…”

Kiplas looked at Joe Ga in confusion, thinking he must have misheard. The natural gas extracted there couldn’t be sold; why would anyone want to do this kind of losing business?

Moreover, the maritime rights dispute between Greece and Turkey has never ceased. Although it’s not a disputed area, it lies between the Kasos and Karpathos Straits.

One could even say, blocking these straits can restrict the passage of ships from the Black Sea through the Aegean Sea to the Red Sea’s most important channel.

This situation would make Turkey extremely uncomfortable!

Seeing Kiplas silent, Joe Ga impatiently asked, “What? Is there a problem?”

“No problem, no problem!”

Joe Ga nodded slightly and said, “You should know this is a loss-making business, unable to cover the losses I’m about to encounter…

As a creditor of Greece, as a conscientious Greek citizen hoping for Crete’s development.

I want to establish a power and energy company on the island, build a power plant, use natural gas to provide electricity and gas on the island, no problem, right?”

Kiplas looked at Joe Ga like a god, nodded vigorously, and said, “No problem!”

Joe Ga smiled and nodded, “Electricity alone is not enough; the island also needs fresh water.

Entrust the island’s water supply issues to my company, no problem, right?”

Kiplas rubbed his face vigorously, a little touched, and said, “No problem, absolutely no problem!

Sir, this isn’t even a condition!”

Joe Ga looked at the agreeable Kiplas, smiled, and said, “Of course, this is not a condition. I’ve given so much, and in return, 50% of the commercial land on Crete should be handed over to me, no problem, right?

Of course, except for what I use in the early stages, I’ll gradually release the rest in a few years, not delaying your early use of real estate projects to attract investment.”

Kiplas was silent for a moment, then said, “If you’re sure to take over Crete’s infrastructure project, then absolutely no problem!”

Joe Ga nodded in satisfaction and said, “Then the last condition, I need you to establish a rule through parliament that all future financial activities on Crete must go through P.B. Bank.