Posted on 03/17/2015 12:23:33 PM PDT by tcrlaf
With Greece digging around in the couch cushions to try and scrape up €2 billion by Friday in order to make payments to the IMF, the ECB, and Goldman, and with celebrity FinMin Yanis Varoufakis doing his absolute best to sink the entire ship with a series of epic PR faux pas, one is left to wonder just where Athens will turn when Berlin and Brussels finally reach the end of their ropes with what increasingly looks like gross incompetence in the Aegean.
We may have gotten the answer to that question today via Reuters:
Greek Prime Minister Alexis Tsipras will visit Moscow on April 8 after being invited to talks by Russian President Vladimir Putin, a Greek government official said on Tuesday.
Greece's government has previously said Putin had invited Tsipras to visit Moscow on May 9 and it was not immediately clear if that trip had been changed. It would be Tsipras's first official visit to Moscow since being elected in January.
There you have it. As Syriza faces the unenviable proposition of either completely giving up on its campaign promises or plunging the Greek economy and banking system into a drachma death spiral, it appears as though Athens is playing the one card it has left, which is threatening to effectively surrender itself to the Kremlin.
(Excerpt) Read more at zerohedge.com ...
Could this explain it?? Backing for a BRICS Bank loan to restart the Drachma?
doubtful, there is no incentive except to the usual handful of political family power brokers. A supermajority of the population does not want to go back.
You have to separate the government civil employees from the other working people. Tzipras is a new line commie and open atheist. He has to do something because his entire victory is based on people voting for “anyone but the other guy”
Greece will inevitably become a Russian Colony.
Who will get the oil rights in the Aegean?
The Russians can have them!
“Greece will inevitably become a Russian Colony.”
SYRIZA would happily sell out Europe and NATO to to Russia, but Russia is far too broke to keep Greece afloat economically. They would like to sell out National interests to Turkey as well, but they just don’t have enough worth selling to cover their debts.
The best Russia could muster would be a few fire-sale deals on state secrets, economic and policy concessions. Maybe send some oil and gas. Just enough to delay the inevitable accounting with Europe, and allow leftists to pocket some cut on the deals.
Ultimately, only the Euros could keep Greece from a massive loss of wealth. They are the only ones with enough interest, and enough money.
...with celebrity FinMin Yanis Varoufakis doing his absolute best to sink the entire ship with a series of epic PR faux pas, one is left to wonder just where Athens will turn when Berlin and Brussels finally reach the end of their ropes with what increasingly looks like gross incompetence in the Aegean.
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