Law 6: Court Attention at all Cost (The 48 Laws of Power). Greece is trying to stay relevant.
I think culturally Greece will be relevant for a long time to come because of the construction of Ancient Greece as a sort of origin for “western society.”
Economically, well, you have to try something, right? I may agree in the sense that I don’t think Greece would be doing this if they were an economic powerhouse, doing great thanks to oil. But, is it bad to do something not completely altruistically?
Greece is bankrupt. It made this cute announcement because it costs the country nothing, and should anything go wrong, it would be rescued by the EU.
From 4 Apr 2022:
Greece has received three international bailouts from the euro zone and the IMF worth 280 billion euros ($307.19 billion) since 2010. It emerged from its latest bailout in 2018 and has relied on the debt markets to cover its borrowing needs since.
“Greece concluded today the repayment of its debts to the IMF,” Finance Minister Christos Staikouras said in a statement. After previous early repayments to the IMF, Greece owed 1.9 billion euros in loans due by 2024, the last batch of a total of 28 billion euros the Fund provided between 2010 and 2014.
https://www.reuters.com/article/greece-economy-imf-idUSKCN2L...
Curious what you mean?
Beyond the cultural heritage, they’re a NATO member in a semi-hostile state with Turkey and, as of today, Iran.
Turkey and Greece are super important for the regional stability in Southeastern Europe. Together they control most of the waterways in the region. You should view most of the Aegean along with the Sea of Crete as Greece, because it is Greek territorial waters and EEZ