Roman Abramovich

Greece May Sell or Lease Islands to Ease Debt Problems

Squeezed by a debt crisis, Greece may put some of its islands up for sale or long-term lease to raise cash for the government's ailing finances, according to the Guardian. Chinese and Russian investors are reportedly interested.

Is the Art Market Bust Finally Over?

After a year and a half of art market anguish, there are signs of a comeback, with the tone set by Lucian Freud's black eye. The coming wave of contemporary art auctions are estimated to be 68% higher than last year, bringing a renewed hope to collectors around the world.