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Turkish-Greek alliance

The post-war leader of Greece, Eleftherios Venizelos, was also determined to establish normal relations between his country and Turkey. The war had devastated Western Anatolia, and the financial burden of Ottoman Muslim refugees from Greece blocked rapprochement. Venizelos moved forward with an agreement with Turkey, despite accusations of conceding too much on the issues of naval armaments and the properties of Ottoman Greeks from Turkey. In spite of Turkish animosity against the Greeks, Atatürk resisted the pressures of historic enmities and was sensitive towards past tensions; at one point, he ordered the removal of a painting showing a Turkish soldier plunging his bayonet into a Greek soldier by stating, "What a revolting scene!"

Greece renounced all its claims over Turkish territory, and the two sides concluded an agreement on 30 April 1930. On 25 October, Venizelos visited Turkey and signed a treaty of friendship. Venizelos even forwarded Atatürk's name for the 1934 Nobel Peace Prize. Even after Venizelos' fall from power, Greco-Turkish relations remained cordial. Indeed, Venizelos' successor Panagis Tsaldaris came to visit Atatürk in September 1933 and signed a more comprehensive agreement called the Entente Cordiale between Greece and Turkey, which was a stepping stone for the Balkan Pact.

Greek Premier Ioannis Metaxas once stated, with regard to Atatürk, that "...Greece, which has the highest estimation of the renowned leader, heroic soldier, and enlightened creator of Turkey. We will never forget that President Atatürk was the true founder of the Turkish-Greek alliance based on a framework of common ideals and peaceful cooperation. He developed ties of friendship between the two nations which it would be unthinkable to dissolve. Greece will guard its fervent memories of this great man, who determined an unalterable future path for the noble Turkish nation."