From its first day in power, the new Greek government has sought allies in its campaign to convince its European partners that the Greek debt is not sustainable.
They have insisted that drastic debt reduction was needed so the country could break free from the harsh austerity measures and be able to breathe economically.
In their contacts with foreign officials during the past two weeks, the Greek officials, and particularly Prime Minister Alexis Tsipras and Finance Minister Yanis Varoufakis, the Greek requests seemed to have fallen on deaf ears.
Even the famous alliance of South European debtor nations, which has long been ballyhooed by Athens as a counterweight to the rigid positions of Berlin (and the countries supporting the latter, namely the Netherlands, Austria, Finland, etc.) does not seem to be coming together.
Both Italian Prime Minister Matteo Renzi and French Finance Minister Michel Sapin seemed uninterested in what they heard in meetings with Tsipras and Varoufakis.
The only leader who rushed to support Greece, even with enthusiasm, is the leader of the world’s only superpower, President Barack Obama. Not once, but twice – the latter a joint press conference with German Chancellor Angela Merkel – Obama clearly took Greece’s side.
He supported its demands and called on Germany to abandon its own for the continuation of austerity policy, leaving the impression of an impasse between Washington and Berlin.
And because at this level of politics everything has significance, it should be noted that at the press conference Obama referred to Greece almost at the beginning of his statements, while Merkel mentioned Greece – and with a frown – only when she was asked by a journalist.
It is no small thing to win the support of the President of a superpower. And neither should one presume that it is only moral support.
Keep in mind, the United States is the country with the largest financial contribution to the International Monetary Fund, which has been more supportive of Greece than most.
The relations between Greece and the United States, despite the problems of the past, are very good.
President Obama, in the context of the pursuit of American interests, of course, does not want social and economic turbulence on the other side of the Atlantic, as he has demonstrated with these moves.
The positive stance of his government towards Greece is small in size but great in strategic value to the Eastern Mediterranean.
Obama is worthy, therefore, of a little praise, so it is unfortunate, at the very least, that some in Greece seek to disrupt or spoil U.S.- Greece relations by making goo-goo eyes at Moscow at a time when Russian President Vladimir Putin’s actions are polarizing the climate, with unpredictable consequences.
The post Obama Has Greece’s Back, The EU Looks The Other Way appeared first on The National Herald.Source: The National Herald