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Obama: Greece will see brighter days

Wednesday, November 16, 2016 - 01:29

On his last trip to Europe as US president, Barack Obama assures allies of the US' commitment to NATO, promises to support a smooth handover to Trump and praises the European Union. Kate King reports.

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Athen's Acropolis is known as the cradle of democracy. Fitting then, that the President of the United States toured there, before delivering a speech laced with references to inequality and nationalism. (SOUNDBITE) (English) U.S. PRESIDENT, BARACK OBAMA, SAYING: "I firmly believe that the best hope for human progress remains open markets combined with democracy and human rights. But I have argued that the current path of globalization demands a course correction." Greece has its own mountain to climb. It signed up to a third 86 billion euro bailout last year. But says it can't recover from the worst economic downturn in generations without access to cheap ECB loans which debt relief would provide. Greek officials have pinned their hopes on Obama. They want him to persuade the country's creditors to restructure some of Greece's debt - And encourage other nations to help share the burden of its current refugee crisis. On Wednesday Obama didn't directly address their concerns, instead he finished his speech by shouting: (SOUNDBITE) (English) U.S. PRESIDENT, BARACK OBAMA, SAYING: "Zito I Ellas" Long Live Greece. Right now though its actions, not words, that will bring the most comfort to Greeks. They'll be looking to see if his new found language skills can translate, when he speaks with German Chancellor Angela Merkel during his next stop in Berlin.

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Obama: Greece will see brighter days

Wednesday, November 16, 2016 - 01:29