Greece’s economic struggles are well documented. The country has been mired in a decade-long debt crisis.
Its national debt and jobless rate that are the highest in the eurozone. Last year, the country emerged from its third international bailout. The government hopes that higher investment will help propel economic growth and greater fiscal stability. Enter China. Athens is eager to tap China’s massive market. That is apparent in many of the 16 deals signed during President Xi Jinping’s three-day visit.
CGTN’s Guy Henderson reports.
To discuss all this:
- Shada Islam is Director of Europe and Geopolitics at Friends of Europe.
- John Gong is an Economics Professor at Beijing’s University of International Business and Economics.
- Nick Karambelas is a Board Member of the American Hellenic Institute,
- Dimitris Kairidis is a Member of the Greek Parliament
Greece expects to enhance ties with China and build a brighter future together: Greek minister pic.twitter.com/DhkE6vFXzG
— China Xinhua News (@XHNews) November 11, 2019
Ancient civilizations of #China and #Greece asked what world looked like and what was man's place in it. Today, in a world that is undergoing profound changes unseen in a century, the two nations can help answer the question being asked: What should our world's #future look like?
— China Daily (@ChinaDaily) November 12, 2019