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Tourists walk in front of the 2,500-year-old Parthenon temple, on the Acropolis Hill in Athens, Thursday, Aug. 25, 2011.
Tourists walk in front of the 2,500-year-old Parthenon temple, on the Acropolis Hill in Athens, Thursday, Aug. 25, 2011.
(Petros Giannakouris/AP)

Greece beckons investors, but it’s buyer beware

Move over Brazil, Russia, India and China – a new country is set to enter the emerging markets landscape: Greece. Does that make it an enticing investment?

The country was booted out of MSCI’s developed market indexes in the summer, well after Greece’s benchmark index plunged with a debilitating economic downturn and bailout. As of tonight, it will share company with the so-called BRICs, as well as Mexico, Peru, Egypt, Malaysia and several others.