Alexis Tsipras in Moscow with empty pockets

Moscow, April 6 – Alexis Tsipras arrives in Moscow on Tuesday. There will be a photo op with the Russian president on Wednesday. The Kremlin is thrilled that Alexis wants to ship Greek fruits and vegetables to Russia.

Greek solidarity in support of Russia being sanctioned for invading Ukraine and shooting down that passenger airline.

The Greek prime minister is looking to sell off Greek assets to the Russians. Primary objective is to get the Russians to lower the cost of gas.

Maybe get some loans that would have the standard clause about Greece promising to pay it all back. Just last week Alexis wrote that the Europeans should never have loaned his country money under the previous government.

Go figure.

 Russian cash for Greek assets

Russia could offer debt-ridden 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, is due to arrive in the city on Tuesday and will meet Vladimir Putin, Russia’s president, on Wednesday.

Athens’s overtures to Moscow have raised fears the Leftist government is pivoting east in search of alternatives 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”.  Continue reading…

Athens finds some cash

Greece’s finance minister has reassured the International Monetary Fund his government will make a key debt repayment this week after meeting with chief Christine Lagarde in Washington. Continue reading…