Fifty years ago, the United States and United Kingdom, were so worried about economic and political stability in the eastern Mediterranean they gave massive loans to both Greece and Turkey to strengthen the capital base in both nations. In 1963, America withdrew its anti-Soviet missiles in Turkey and the fledgling European Economic Community offered a future accession partnership to the Turks to anchor the nation firmly within the orbit of western democracy.
In 2012, Europe needs to offer financial help to the Greeks but Washington and Nato can play a part in reducing the Greeks’ paraonoia – oh no not another Greek word! – about their national security. In addition to the well-reported problems of corruption, clientalism and tax cheating Greece faces other difficulties which no other EU member state shares.