A timely ally

Greece expects to be able to count on the support of a crucial ally in upcoming negotiations with its international creditors – the European Commission, the European Central Bank and the International Monetary Fund – regarding the issue of its debt crisis and the country’s funding.

Judging by Prime Minister Antonis Samaras’s official visit to the United States, it is clear that the administration in Washington, as well as market analysts and businesspeople, fully comprehend the need for a certain level of relaxation with respect to the country’s fiscal adjustment and the reduction of its sovereign debt.

They are aware of the fact that Greece stands at a key geopolitical point, a factor which renders the prevalence of conditions of chaos and instability in the country dangerous vis a vis the broader region.

This new round of negotiations will be tough and every important ally counts, despite the fact that those with the upper hand within the European Union continue to observe Greece through an inflexible prism.

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