In the near future, Middle East tension will escalate, sooner or later Iran will respond with retaliation, triggering new tougher retaliation measures from the US, while it is clear that Tehran’s nuclear program will accelerate. That is what ELIAMEP Director General  George Pagoulatos has  pointed out at, not ruling out a wider military escalation, whilst predicting a long destabilization period, since President Trump will maintain tensions in order to win the election in November. Commenting on other international challenges for 2020, the Professor at the Athens University of Economics and Business believes that there will be an escalation in Sino-American relations on the technology front, and talks about the dangers facing the global economy through trade or deriving from a liquidity crisis in the financial system. On the Euro zone’s front, George Pagoulatos estimates that the ambition of the new leadership of the Commission to gain global influence will counteract the reluctance of some governments to grant initiatives to the European institutions, referring to Emmanuel Macron’s “loneliness”. ELIAMEP’s Director General  also points out that Greece is at the fire line again because “the current situation reminds us that you can mature as a society and a political system, you can even graduate from a terrible economic crisis, but you cannot escape geography! »

You may find the full interview , in Greek , here