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by bildung 4090 days ago
@peterfirefly (sorry, I can't reply directly to you because of the negative karma of my original post)

Yes, the EU are of bigger importance, but OTOH those trade partners are still there. Only the exports to Russia are lost. If the trade amount relative to GDP really is 1%, that would amount to more than 2 billion Euros in lost trade. Greece is small and in a precarious financial situation, I can understand why they risk to affront other EU members for those 2 billion.
2 comments
peterfirefly 4090 days ago
The Greek loss due to the Russian undeclared war against Ukraine is tiny, even if it meant that all the trade with Russia disappeared (which it doesn't).

Compare with Finland and Sweden when the Soviet Union fell.

They were hit a lot harder but they cleaned up and enacted reforms. They certainly didn't complain that Greece was unreasonable for not lending (or giving) them money so that things could continue as before.

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ptaipale 4090 days ago
Not only after Soviet Union fell. Also in the current trade war, Greece's problems from Russian sanctions are negligible when compared to Sweden and particularly Finland. Russian trade was almost 10 % of Finnish exports in 2012 and has since then collapsed. Finland will very soon be in a position where it is not possible to pledge any bailout money for Greece. Even if not counting the political fallout.
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dang 4090 days ago
> sorry, I can't reply directly to you because of the negative karma

There's a delay on replying sometimes but it isn't karma-related.

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