Greece: China is Buying More Than Influence on NATO's Southern Flank
Abstract
The European Union (EU), North Atlantic Treaty Organization (NATO), and the United States must investigate, understand, and mitigate the risks associated with Chinese foreign direct investments (FDI) into the Greek economy. Analysis of Chinese state owned enterprise investment into the Greek transportation, energy, telecommunication, and real estate sectors indicate the political, economic, and military risk it carries. The analysis concludes that while significant risk exists, the U.S., EU, NATO, and Greece can make intelligent decisions moving forward to maximize the benefits and reduce the risk posed by Chinas FDI. These risk reduction measures include the EU strengthening FDI screening, NATO banning Chinese technology, eliminating Chinese basing in Greece, and continuous EU monitoring of Greece's post-COVID economic recovery.
Document Details
- Document Type
- Technical Report
- Publication Date
- May 25, 2021
- Accession Number
- AD1154033
Entities
People
- John G. Delion
Organizations
- National Defense University