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Eurozone crisis: Could Russia afford to bail out Greece and what would that mean?

Friday, June 19, 2015 7:35
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(Before It's News)

There are deep cultural and historical ties between Greece and Russia.

In terms of religion, the majority faith in both countries is Eastern Orthodox. And Russia has a track record of standing up for Greece, like it did during the Greek War of Independence from the Ottoman Empire. The countries enjoy strong diplomatic relations and share common political views about the Balkans, among other things.

In 2014 Russia became involved in an eye-poking contest with the West over Ukraine. Things have clearly moved on since then: the latest from President Vladimir Putin was that politics should not get in the way of Greece's economic recovery.

Moscow said it would not directly pay off Greece's debt and that Athens has made no such request. But Russia's president did discuss making large specific investments in infrastructure and energy with Greek Prime Minister Alexis Tsipras …. http://www.ibtimes.co.uk




Source: http://luismmx.blogspot.com/2015/06/eurozone-crisis-could-russia-afford-to.html

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