A deal on Greek terms will weaken Europe, says Atlantic Council’s Andrea MontaninoEurope will be weakened by a financial aid deal with Greece that is seen to be solely on Athens’ terms, says the Atlantic Council’s Andrea Montanino.
Greek banks are on the verge of running out of cash and the European Central Bank (ECB) decided not to expand an emergency assistance program, raising fears of imminent bankruptcy for Greece.
Greek Prime Minister Alexis Tsipras is expected to present a new Greek proposal for an aid deal with creditors at an emergency Eurozone summit in Brussels July 7.
“If a deal is seen as fair to all European citizens, it will reinforce Europe because it will demonstrate to the world that Europe can maintain its rule-based system when dealing with a crisis,” said Montanino, Director, Global Business and Economics Program at the Atlantic Council.
“But if it is seen as a victory for Greece alone, it will weaken Europe,” he added.
The Kremlin has presented one false objective after the other for this aggression. On February 27, 2014, "little green men"—that is, Russian special forces in Russian uniforms but without insignia—occupied the Crimean regional parliament. The next day, they took over the peninsula's two international airports. Within two weeks, these troops had skillfully occupied all of Crimea.
While the tank was impressive—when it worked—it pales in comparison to Russia's other main weapon: its own history. Throughout the Ukraine conflict, Russia has weaponized its own history to suit its purposes. These range from absurd announcements, such as the recent proclamation by the Russian prosecutor general's office that it began investigating the legality of the 1991 independence of the three Baltic republics to its reliance on historically dubious ideologies like Novorossiya to justify the Donbas insurgency.
In fact, it's that scandal—not the one involving spying by the National Security Agency two years ago—that's grabbing all the headlines in Brazil today. Back in 2013, the NSA's unauthorized eavesdropping of Rousseff's phone calls and emails led the Brazilian head of state to cancel her planned US visit.
The Global Business and Economics Program will be monitoring and analyzing the situation closely, and will regularly update this page.
If all goes according to plan, US Secretary of State John Kerry will visit Havana to witness the historic event. That follows President Barack Obama's July 1 announcement that embassies would re-open in each other's capitals after half a century of hostilities.
Thomas Perriello, QDDR Special Representative since his February 2014 appointment by Secretary of State John Kerry, unveiled the study at an event moderated by Barry Pavel, Director of the Atlantic Council's Brent Scrowcroft Center on International Security.