The next phase

“Greece is back.” These three words were uttered again and again during Prime Minister Kyriakos Mitsotakis’ visit to Washington, DC last week. Some dismiss the remark as an empty slogan, but they are mistaken.

Naturally, the comeback rhetoric is meant to describe the improvement in Greece’s economic performance and its readiness for foreign investment. But we should not limit the definition of “Greece is back” to recovery from the worst peacetime economic crisis since the Great Depression; Greece has made an equally impressive and far more unexpected comeback in American strategic thinking.

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