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Val comments on Crazy Ideas Thread - Less Wrong Discussion
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Greece lacks money, but they do have a whole lot of reasonably large, quite beautiful islands they barely use (only a small fraction of the 1200 islands are significantly inhabited) but which have the ideal Mediterranean climate for human habitation. Selling off sovereignty over these islands to other countries or to new country projects would be a great way to get some quick cash and there might be some downstream benefits, like increased trade in the region.
If you sell land, it's probably lost forever. If you sell land which was once part of your sovereign territory, you will have no claim over it (in contrast to a land which was taken from you by force).
One doesn't have to be a caricature of an ultra-nationalist to dislike the idea of losing something permanently to cure a temporary problem.
What about leasing it instead?