By KEVIN FREKING, Related Press
WASHINGTON (AP) — President Donald Trump welcomed the prime minister of Greece to the White Home Tuesday by saying the USA was very happy with the nation and “the comeback” it’s making.
From 2010-2018, Greece survived on bailout loans from its European companions and the Worldwide Financial Fund. It exited the rescue program greater than a yr in the past, however stays underneath strict supervision from lenders and has dedicated to attaining stringent finances targets for years to return.
Trump and Prime Minister Kyriakos Mitsotakis met at a time of excessive stakes within the Mediterranean area. The Harvard-educated Mitsotakis stated his nation was “following a recipe” that has labored in the USA, together with decrease taxes, and the Greek financial system has reacted positively.
Mitsotakis stated he was in search of Trump’s assist in calling on American corporations to put money into Greece. Mitsotakis received workplace pledging to make the nation more-business pleasant, reduce taxes and modernize Greece’s antiquated forms.
Main as much as the White Home assembly, Trump administration officers described Greece as remodeling itself from being a supply of issues to changing into a supply of options and stability. The officers famous that Greece lately signed a take care of Israel and Cyprus to construct an undersea pipeline to hold gasoline from new offshore deposits within the southeastern Mediterranean to continental Europe.
The race to say offshore power deposits within the southern Mediterranean has created new tensions between Greece and Cyprus, on one aspect, and historic rival Turkey.
The Trump administration stated it helps Greece’s emergence as a regional power hub and stated dependable entry to power is vital to financial growth and stability within the area.
Trump stated Tuesday’s assembly would additionally cowl commerce and navy points. It comes because the world grapples with heightening tensions within the Center East after a U.S. strike killed Iranian Revolutionary Guard Gen. Qassem Soleimani.
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