BRICS

Russia Unlikely to Help Greece

Greece’s close relationship with Russia, or at least its portrayed close relationship, is not likely to earn the crisis-stricken country special treatment anytime soon. On Tuesday, Andrey Kostin, President and Chairman of the Management Board of the second largest Russian Bank, VTB, said...

Greece May be Discussed at BRICS Meeting

The Greek issue may be discussed informally at the meeting of finance ministers and central banks of the BRICS countries, according to TASS. The Russian news agency report cites a Russian official who is a member of the Russian delegation:...

How Argentina and China Reacted to Greece's Referendum Results

China is confident that Greece's economy will turn around, after the outcome of Sunday's referendum. Deputy Chinese Foreign Minister Cheng Guoping said that he believes the Greek debt crisis would be "appropriately resolved." According to Reuters, Cheng Guoping said that with...

Tsipras Promises Solution to Greece's Debt Crisis

Greek Prime Minister Alexis Tsipras said that the efforts his government put toward securing the emergency Euro Summit on Monday has proved to be a "success." Eurozone country leaders announced a Monday summit to resolve Greece's prolonged debt crisis that threatens...

Greek PM Tsipras Meets with Gazprom Chief, BRICS Delegation in St Petersburg

Greek Prime Minister Alexis Tsipras discussed energy and the “Greek Stream” gas pipeline project with Gazprom chief Alexei Miller during a meeting in St Petersburg on Thursday. Tsipras also met with representatives of the new development bank for BRICS countries, who...

Russia: ‘Greeks Did Not Ask For Cash’

"Greece has not asked Russia's Finance Ministry for financial assistance," Russian Deputy Finance Minister Sergei Storchak told Reuters on Thursday referring to Greek Prime Minister Alexis Tsipras' visit to St. Petersburg. "Greece's Prime Minister is visiting Russia to discuss joint projects,...

Tsipras to Discuss 'Greek Stream' and 'BRICS Bank' in Russia

Greek Prime Minister Alexis Tsipras will attend a meeting with Russian President Vladimir Putin on Friday in Saint Petersburg, Russia, taking part in talks regarding the construction of the “Greek Stream,” an extension of the TurkStream pipeline project that will provide Europe with...

Greek Energy min. Lafazanis: Greece Will Probably Submit Request to Participate in BRICS Bank

Greece is preparing and will probably submit a request to participate in the new development bank for BRICS countries and has secured Russia’s support on the issue, Productive Reconstruction, Greek Environment and Energy Minister Panagiotis Lafazanis told ANA-MPA. “During my...

Greek Debt: Another BRICS in the Wall

BRICS is the new catchword that plays in the lips of SYRIZA leftist hardliners. All of a sudden, a new international development bank will give Greece loans without any obligations. At least that's what Alternate Minister for Social Security Dimitris Stratoulis believes....

Greek Alt. Social Security Minister: SYRIZA Will not Come to an Agreement Cancelling the Program

"I believe that SYRIZA will not come to an agreement that will cancel basic aspects of the program," Greek Alternate Minister for Social Security Dimitris Stratoulis said in statements to Greek radio on Wednesday. "Manoeuvres are always done, certain retreats are always made, this...