NewsBite

Angry at EU's public finance demands, Greece embraces China's cash and influence

After years of struggling under austerity imposed by European partners and a chilly shoulder from the United States, Greece has embraced the advances of China, its most ardent and geopolitically ambitious suitor.

While Europe was busy squeezing Greece, the Chinese swooped in with bucketloads of investments that have begun to pay off, not only economically but also by apparently giving China a political foothold in Greece, and by extension, in Europe.

Loading...

Read More

Latest In Europe

Fetching latest articles

Most Viewed In World

    Original URL: https://www.afr.com/news/world/europe/angry-at-eus-demands-on-public-financing-greece-warms-to-chinas-cash-20170827-gy5bvf