Written by Alexandros Niklan
Sr. Security Consultant
Greece isolation could create Global geopolitical instability.
Greece is the main subject in news all over the world as the epicenter of immigration flows along with
state’s financial crisis. A possible Grexit, seems to be more possible than ever while Greece is still in an
economic turmoil along with closed borders at the North and West.
Economic implications are obvious and
while this article is being written, stock
markets are facing some mediocre turmoil
on euro currency, however not as big as it
was supposed to be. No one though is
able to predict what will happen on the
geopolitical chessboard since Greece is
more valuable than ever today, contrary
to what most people believe.
Geographical location of Greece is very
important. It is a country located at the
Southern Eastern of Europe and is
considered to be a sea/land
communication node that connects Middle East, Asia, Africa and Balkans/Russia to the Mediterranean
Sea. By itself this shows that as a simple piece of land , Greece can either be a portal for improving
things for NATO and EU , or convert to a physical barrier that will push European borders even further
back.
Taking under consideration that already Russia has open channels with Greek government (Russia and
Greece already have agreements on multiple sectors) and has leased its main port (Pireaus) to COSCO
(logistics company of Chinese interest), a possible turn by desperate Greece to Russia, China and
Middle East could potentially become something that will turn into a boomerang for ECB and West in
general.
What is more interesting despite the
differences between the two (although offer
is something not to be taken seriously) is
the offer placed by Turkish government in
the past to pay the loan payment of Greece
to IMF because according to Turkish
politicians, Greece stability is a main concern
for them. Of course it is obvious that this
move was to put another nail in the coffin to
the subject of EEZ that has drawn hostile
actions by both sides, on top of immigration
issues.
Another point is that Greece, with its bad and good points as a country, was a place that was a
stabilizing pole for the Balkan peninsula and despite the conflict with FYROM on the name dispute,
Athens was a "blood donor" to economies of Albania, Bulgaria and FYROM which now also loose a big
percentage of their GDP and received a blow to their logistics pathway. If Greece exits Eurozone, then
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