Despite last year’s 110 billion euro Greece bailout — from the European Union, the International Monetary Fund, and the European Central Bank — there remains serious concern that the periphery EU nation will be unable to continue its debt repayments. Due to the increasing severity of the problem, and the ongoing resistance to additional support, the Central Intelligence Agency has now issued a report warning on how worsening Greek unrest could bring rise to even a military coup.
US military forges ahead with European force cuts
By DAVID RISING, Associated Press – May 21, 2011
BERLIN (AP) — The U.S. 1st Armored Division lowered its flag this month in a ceremony that signaled the quiet return home of a unit whose tanks first rumbled onto the continent through Italy during World War II. But the question now being raised is whether the Army’s plan to keep some 37,000 soldiers in Europe will survive growing budgetary pressures in Washington. There are increasing concerns in the U.S. Congress that the United States is footing too much of the bill for European defense at a time when some European countries have reduced defense spending. U.S. troop strength in Europe peaked in 1962 at nearly 277,000 soldiers and was still at around 213,000 in 1989. Current plans call for reducing troops from about 42,000 today to the 37,000 by 2015.
Comment by Adamantine:
The US as an independent actor in Europe is on the way out while the EU/NATO is on the rise.
The CIA issues reports?