Bloomberg quotes Global Business and Economics Program Director Andrea Montanino on how the Greek debt crisis risks a Greek NATO withdrawal and a new surge of refugees:
A default also could send Greece searching for economic allies outside the European Union.
“Greece will look elsewhere for getting money,” including China, said Andrea Montanino, Director of the Global Business and Economic Program at the Atlantic Council in Washington.
“China is seeking investment abroad,” Montanino said. “They can think of Greece as a good place to have a stop in Europe and control partly what happens in Europe.”
While Greece may try to unravel European sanctions against Russia, Montanino said, “this is not the likely scenario. I still think the Greek people are pro-European.”