Thursday 14 June 2012

FT article on geopolitical ramifications of Greek election

In this article the Financial Times Europe editor claims that the stakes in Sunday's Greek election are 'geopolitical rather than financial'.

Both New Democracy and Syriza's flirting with Russia and other non-EU, non-NATO countries, as well as the 'disarray of Greece's foreign ministry', are highlighted.

Tony Barber - taken from http://stateoftheunion.eui.eu/
This proposed re-orientation (or 'diversification' if you like) of Greek foreign policy (to the extent it is put forward and to the degree it is possible) is reminiscent of an era, up until now considered long gone, when Greece was outside the EU and was facing isolation from the West.

Tony Barber points to the Greeks' disillusionment with the West by making a reference to the Greek junta:

Although younger Greeks are proud of their modern European identity, half of them today are unemployed and fearful for their future. Older Greeks, meanwhile, remember Nato’s decision to stay on the sidelines when Turkey invaded Cyprus in 1974 – as well as what they recall as US support for the 1967-74 Greek military junta.

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