Voices from Russia

Friday, 30 January 2015

Greece won’t Cooperate with “Troika”, Rejects Aid Extension

00 Vladimir Kremlyov. Greek Debt. 2012

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The new leftist Greek government said that it won’t cooperate with the “troika” of international lenders, and that it doesn’t plan to seek an extension for its aid package, which is set to expire at the end of February. Without the aid, Greek banks could face a shutoff of European Central Bank funding. On Friday, Greek Finance Minister Yanis Varoufakis held a joint press conference with Jeroen Dijsselbloem, head of the Eurozone finance ministers’ group. Varoufakis said, “This position enabled us to win the trust of the Greek people. Our first action as a government won’t be to reject the rationale of questioning this programme through a request to extend it. We respect institutions, but we don’t plan to cooperate with that committee”. The meeting between Varoufakis and Dijsselbloem is to lay the groundwork for visits by newly-elected Prime Minister Alexis Tsipras and Varoufakis to London, Paris, and Rome next week. The new Greek leadership stated its intention to attempt to loosen the terms of the massive 240 billion Euro (19 trillion Roubles. 1.7 trillion Renminbi. 16.8 trillion INR. 270 billion USD. 343 billion CAD. 348 billion AUD. 180 billion UK Pounds) bailout. The new government fuelled panic among creditors and investors by promising to freeze privatisations and rehire state workers, in addition to rolling back other austerity measures mandated by the bailout.

30 January 2015

RT

http://rt.com/news/228031-greece-troika-varoufakis-bailout/

Friday, 20 January 2012

20 January 2012. Sergei Yolkin’s World: This is Greece! But Greece isn’t Giving Up Yet!

This is Greece! But Greece isn’t Giving Up Yet!

Sergei Yolkin

2012

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The first rumours that Greece may leave the Euro zone arose in 2010, when the country asked the EU and IMF for a bailout in a bid to avoid default. Greek Prime Minister Lucas Papademos on Monday said abandoning the Euro and returning to the Drachma was “really not an option” for the country. In an interview with CNBC, Papademos also said he was confident the country would avoid a default in March.

19 January 2012

Sergei Yolkin

RIA-Novosti

http://ria.ru/caricature/20120119/543563686.html

http://en.rian.ru/cartoons/20120119/170848508.html

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