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Acropolis

Greece is likely to leave the Euro before the year is out, helped on its way by Trump

By David Scott | Monday 20 February 2017


 


In the past, the Americans have vigorously supported a compromise over Greece because, along with the rest of the political establishment, it views preserving the euro and the European Union as a strategic imperative of over-riding importance. But Trump doesn’t like the EU. Trump has made it very clear that he is very hostile to the EU. He backed Brexit, appointed an ambassador who believes the euro is destined to fall apart, and started a rhetorical trade war with Germany. In response, EU leaders, from Germany’s Angela Merkel to France’s François Hollande, have been fiercely critical of Trump. Relations between Washington and Brussels have probably never been worse. 

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