Der Spiegel

The Russian president’s press spokesman, Dmitry Peskov, denied on Saturday a report by German magazine Der Spiegel suggesting that Russia has made a deal with Greece to offer the Mediterranean country an advance of 3-5 billion euros from the anticipated profits of the Greek natural gas pipeline.

By Noah Barkin and George Georgiopoulos

Greece is poised to sign a gas deal with Russia as early as Tuesday which could bring 3-5 billion euros into depleted government coffers, German magazine Der Spiegel reported, citing a senior figure in the ruling SYRIZA party.

By Gernot Heller

German Finance Minister Wolfgang Schaeuble said on Saturday he was happy over a report that Greece was poised to sign a gas deal with Russia, though he added it would not solve the cash-strapped euro zone nation's economic problems.

The “Institutions” seem to be confident that an agreement with Athens will be reached, since a list of measures and reforms proposed by the Greek government is “obviously improved”, and quite specific, according to German magazine Der Spiegel.

The Cyprus example may be the best choice for Greece in order for the Greek government to be forced to implement reforms. This is a view sponsored by German magazine Der Spiegel, calling upon information from German chancellery officials.

The European Union's financial affairs chief Pierre Moscovici warned in a magazine against underestimating the risks associated with Greece leaving the eurozone, saying such a step could be the beginning of the end for the common currency.

Maverick Finance Minister Yanis Varoufakis -- who has become a media phenomenon since Greece's radical government came to power -- has reportedly been warned by his own prime minister to talk less and do more.        

Greek Prime Minister Alexis Tsipras has accused the European Central Bank of holding "a rope" around the country's neck as Athens scrambled on March 6 to avert a looming state default.
      
The ECB "is still holding the rope which we have around our necks," said Tsipras, according to excerpts of an interview with Germany magazine Der Spiegel to appear Saturday.
      

In an interview with German magazine Der Spiegel, Greek Prime Minister Alexis Tsipras warned that if the European Central Bank objects to the issuance of short-term debt such as Treasury bills, it will have grave responsibility for what will follow.

related posts