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The Greek Current
The Greek Current

Lebanon and the risks an economic and political collapse pose to the region

Lebanon’s economy and its political structure is collapsing, and urgent reform is desperately needed. Jonathan Schanzer, the Senior Vice President at the Foundation for Defense of Democracies, discusses the situation in Lebanon and the risks an economic and political collapse pose to neighboring countries and the Eastern Mediterranean region.

You can read the articles we discuss on the Daily Roundup here:

Op-ed: Lebanon is collapsing and urgent reform is desperately needed

Beirut blast: Explosion rocks city with many injured

Deadly explosion rocks Beirut, causing widespread damage

Health expert returns to warn against complacency as infections jump to 121

Cyprus updates risk-based classification of countries

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Secretary Rubio visits Greece, the Strategic Dialogue, and the region's Turkey dilemma

Athens was buzzing this week as Secretary of State Marco Rubio visited Greece. His speech with the Acropolis in the background made headlines around the world, and his emphasis on Greece’s role as “a source of stability in an unstable world" and a “model ally” did not go unnoticed. Beyond Rubio’s comments, his visit coincided with the 6th US-Greece Strategic Dialogue, reflecting the excellent...

Greece lures hedge funds and rebuilds market trust while NATO looks to put Greenland saga behind it

At the height of the last decade’s financial crisis, Greece was not only struggling to keep capital in the country, but its borrowing cost was also sky high. Today, Greece is wooing the world’s leading hedge funds with a new tax regime designed to lure investors to establish substantial operations in Athens, and we’ve already seen it persuade billionaire Chris Rokos and the hedge fund...