Greece's Euro-Area Ties Risk More Strain Amid Refugee Crisis

  • Finance ministers due to meet on Greece reform progress
  • `Low levels of trust' said to blight EU-Greece relationship

Refugees land in Lesbos, Greece in September 2015.

Photographer: Eric Thayer/Getty Images
Lock
This article is for subscribers only.

First overwhelmed by debt and now overwhelmed by refugees, Greece offers a tempting target for European leaders left to handle the fallout.

With wounds only just healing after the euro area agreedBloomberg Terminal to throw Greece another financial lifeline, the country’s inability to process tens of thousands of refugeesBloomberg Terminal turning up at its doorstep threatens to reopen them all over again. Local Greek authorities are inundated by some 3,000 arrivals a day, most of whom are allowed to head north through the Balkans toward Germany and Scandinavia, sowing political tensions as they go.