Putin Says Greece Did not Ask for Financial Help

April 8, 2015 Share Print 0

Greek Prime Minister Alexis Tsipras did not ask for financial aid at talks in Moscow on Wednesday but Russia could provide credits for large joint projects in the future, President Vladimir Putin said.

Putin indicated that one such project might be the planned Turkish Stream pipeline to carry natural gas to Europe via Turkey but added that any decision on Greek participation would depend on Athens wishing to be involved.
“The Greek side has not addressed us with any requests for aid,” Putin said.

“We discussed cooperation in various sectors of the economy, including the possibility of developing major energy projects.”

Putin said Russia would be interested in taking part in privatisation tenders if Greece runs any. But he said Athens could not be exempted from a ban on some food imports from the European Union imposed by Moscow in response to the bloc’s economic sanctions against Russia over the Ukraine crisis.

via CNBC

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Alfonso Esparza

Senior Currency Analyst at Market Pulse

Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.