“The Greek side did not contact us with any requests for help,” the Russian president said, when asked by a journalist whether Russia could help Greece with its debt burden.
Russia will not directly aid Athens to pay off its €316 billion debt, but Moscow could help out by buying Greek state assets in privatization sales, or in other investment projects, such as Turkish Stream, Putin said.
"If we are going to implement some major projects this will generate income in Greece, and revenues can be used to repay these loans,” the President said.
Russia can pump money into the Greek economy by purchasing state assets, as the Greek government plans to privatize €1.5 billion worth of assets in 2015.
Gazprom unsuccessfully tried to buy a controlling stake in Greece’s Public Gas Corporation [DEPA] for €900 million in 2013, when Antonis Samaras was prime minister.
There was speculation that Tsipras, who traveled to Moscow just days before $500 million was due to the IMF, would ask Russia for financial help.
In early February Russian Finance Minister Anton Siluanov was the first Russian official to say Moscow was ready to provide financial help to Greece if asked. He made the comment just after the new Syriza government won the election on the promise of ending austerity and getting better conditions on its EU debt.........................http://rt.com/business/247921-russia-greece-putin-tsipras/
8/4/15
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