Topic:

Greece

Light at the End of the Tunnel for Greece?

| September 16, 2018

Maladministration, overspending, cronyism, and statism over a period of decades made Greece the weakest link in the Eurozone when the world financial crisis hit Europe in 2009. To avoid a chaotic default and an exit from the European system, Greece had no alternative but to accept bailouts offered by the EU and the IMF in exchange for austerity measures and structural reforms. The third and final one expired on August 20, 2018. The day after finds Greece with relatively stable public finances but unable to immediately regain market confidence. Above all, the tendency of politicians to put their political interest above the national one remains even as the society is suffocating from social problems and is pessimistic about the future.

Greece Faces the End of the Bailout Era and a Dispute with Russia

| September 16, 2018

Greece is now facing the end of the eight-year bailout and an unexpected diplomatic crisis with Russia. While PM Alexis Tsipras is trying to take credit for the former and manage the latter, his government may pay a price in voter discontent.

Greece and the Eastern Mediterranean Alliance

| July 17, 2018

The Eastern Mediterranean Alliance (Israel, Greece, and Cyprus) is emerging at a time of increasing global instability. All three states are firm democracies that promote peace, security, and environmental stability in the region. The tripartite alliance is strategically the most significant anchor of Greek security and economic progress.

New Strategic Dimensions of the Eastern Mediterranean

| June 11, 2018

The geostrategic, diplomatic, and economic influence of the Eastern Mediterranean is more significant today than ever before. This creates opportunities for Greece, Cyprus, and Israel, but also increases the challenges and perils ahead.

Cyprus, Greece, and Israel Chart a Common Path

| June 10, 2018

Cyprus, Greece, and Israel are steadily building a democratic geopolitical bloc in the Eastern Mediterranean. They are exploring ways to collaborate in fields ranging from energy to communication technology and defense. Greek-American and American-Jewish communities are exploiting the momentum to further boost the developing “triangle” and encourage US support. However, despite progress among the governments and the generally positive climate, warning signs of anti-Semitism in Greece underline the need for grassroots action to combine political achievements with wide public support.

A Perilous Tango for Four in the Eastern Med

| March 11, 2018

The Eastern Mediterranean has entered a new period of high volatility, with Israel and Greece in the eye of the storm. Both countries are facing an upgraded strategic challenge from Turkey and Iran. This is not simply an interstate problem but a broader crisis that will influence the future geostrategic physiognomy of the Eastern Med.

Greece, Israel, and China’s “Belt and Road” Initiative

| October 31, 2017

China’s “Belt and Road” initiative signals the continuation and expansion of a pre-existing incremental policy that aims to strengthen China’s economic and geopolitical roles, though Beijing’s long-term approach remains unclear. The initiative does not immediately bring Greece and Israel closer. But it gives the two countries an opportunity to discuss China’s new role in the Mediterranean and to maximize bilateral relationships with Beijing without challenging their pro-West orientation.

Why Is Israel’s Image Improving in Greece?

| October 24, 2017

Israel’s image in the Greek media has been negative for decades. However, the rapprochement between Athens and Jerusalem and improvement in their political and economic relations since 2010 have affected Greek journalists. While sympathy for the Palestinians has not completely faded, Israel is no longer represented exclusively as a villain. It is now often portrayed as a useful partner. While anti-Semitism remains a problem in Greece, this new media attitude could lead to its decline over the long term.

What’s On a Muslim Refugee’s Mind?

| September 10, 2017

Almost all the “poor” illegal migrants on the Greek islands want to go to Germany, where they have heard from friends and relatives that they will be the best paid for being refugees. The cliché “the-poor-souls-are-fleeing-war-in-their-native-country” is becoming less and less convincing by the day. True, most Syrians fled to Turkey after the start of civil war in their country. But is flight from war their motivation as they proceed onwards to Greece, Serbia, Hungary, and Austria?

How Can Greece Pay Back China?

| July 9, 2017

China and Greece have an almost entirely one-sided economic relationship. China’s deep involvement in Greece is part of a long-term strategy to achieve control of the marine paths from China to the EU. This strategy means China is willing to invest and take part in the rehabilitation of Greece – but there will be a price to be paid for this.