What’s brewing between Greece and Russia? – Blueprint Capital

FXStreet (Barcelona) - The Blueprint Capital team comments on the key developments between Greece and Russia, noting that speculation is rife for a possible funding arrangement between the two countries.

Key Quotes

“Russia could offer Greece controversial loans and discounts on supplies of natural gas in exchange for the country's "assets", according to reports in Moscow.”

“Alexis Tsipras, Greece’s prime minister, arrived in the city yesterday and is due to meet with Vladimir Putin today.”

“Athens overtures to Moscow have raised fears the Leftist government is pivoting east in search of alternative sources of finance as it bids to avoid bankruptcy.”

“Ahead of his visit, Mr Tsipras condemned economic sanctions on Moscow as “a road to nowhere”. The timing of the trip, together with demands from Greece for war reparations from Germany, looks at best ill-advised.”

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