Barry Eichengreen, a renowned economist from UC Berkeley, discussed Greece’s progress in debt reduction and political stability on ERTNews’ ‘Prime.’ Eichengreen noted the country has impressed credit rating agencies and is on a slow yet steady path to recovery. He expressed skepticism about U.S. proposals for drastic spending cuts by key figures like Donald Trump and Elon Musk, labeling them as theatrics rather than substantive change. He urged that both government and private sector investment are crucial for Europe to tackle climate change and economic growth challenges.