Greece threatens tilt to Russia and China unless Europe yields

The Telegraph ^ | 10 Feb 2015 | Ambrose Evans-Pritchard

[NRx]

Greece's radical new government has threatened to seek money from Russia and China to avert a financial crisis rather than yield to austerity demands from Europe, risking a dangerous political rift with the leading EU powers and a full-blown NATO crisis.

[Steely Tom]

Welcome to FR.

I’m guessing you don’t get too many comments on this thread.

[Steely Tom]

Ah, it worked! I punctured the dreaded No “Post Reply” barrier!

[truth_seeker]

Let Greece tilt towards Russia. Let Russia try to prop them up with their dwindling oil revenues.

Let Russian taxpayers (like Germans) work 48 weeks per year, so Greeks can work 38 weeks per year.

[brivette]

Don’t be Greecey.

[Rusty0604]

“Russia’s Lavrov praises Greece’s stance on sanctions”

http://news.yahoo.com/russias-lavrov-says-agreement-ukraine-must-respect-rights-104644343—sector.html;_ylt=A0SO80Bp5dtUVaYAJgdXNyoA;_ylu=X3oDMTEzbmMzNW92BGNvbG8DZ3ExBHBvcwMxBHZ0aWQDVklQNTMxXzEEc2VjA3Nj

Also A Greek official went to Russia today, and now China is inviting them.

http://news.yahoo.com/greece-set-critical-eu-talks-061755947.html;_ylt=A0SO81W65dtUTdUAQj9XNyoA;_ylu=X3oDMTEzbmMzNW92BGNvbG8DZ3ExBHBvcwMxBHZ0aWQDVklQNTMxXzEEc2VjA3Nj

[COBOL2Java]

"But of course! Let's discuss the terms of the loan."

[Rusty0604]

Where is that? For future reference.

[Zhang Fei]

The Chinese and Russian governments are gonna subsidize the Greeks so they can live way better than the average Chinese or Russian citizen? Dream on...

[molson209]

Russia will import tons of pro-Russians and Da Da Da Dum

[kingu]

Don't let the Euro hit you on the back as you go out the door... Seriously, ‘give us money or we'll go get money from somewhere else’? Whoopie. Or is the threat ‘hey, we're going to default on our debt, you're going to get stuck with the credit default cascade, and we'll be laughing all the way to the Russian bank?’

If it is the later, hey, that's kinda entertaining. Wonder if there's a method for the EU to eject a member state? Or how long it'd take to pass such laws? If it is the former, then bully for Greece; someone attach those funds to pay off the debt before they spend it.

[moovova]

How’d you do that? Are you a Premium Member?

[Rusty0604]

I know several Greeks that have immigrated here, and they usually mock Americans for working so much. In their defense, none of them are on welfare; they do work and some own small businesses.

[Rusty0604]

I think the Russians are more interested in geographic locations of their “friends”.

[proxy_user]

Putin: Angela, what are the Greeks good for?

Merkel: Well, Vlad, they have some nice vacation spots, but the service in the hotels really isn’t that great.

Putin: I see....

[Zhang Fei]

These people are so deranged, I’m guessing they might agree to host Chinese and Russian nukes or some crazy thing like that. Problem is that this will result in an EU economic embargo of Greece. End game? Greece becomes Zimbabwe with nice beaches.

[navyguy]

Prediction:

Within 7 years the Rooskies will have a Naval base on the Greek coast.

[EEGator]

Stop posting microaggressions. /s

[dadfly]

come on. you can whisper it to me. or do you have to zot me if you tell me ;).

[BeauBo]

SYRIZA can use their offices to sell NATO secrets to Russia and China, and take bribes for concessions in Greece, UN votes and such. But that is all money in their pockets, rather than floating their economy.

Russia and Greece can posture that they will split Greece off from Europe. Both can use it for leverage while negotiating with Europeans, but neither can really afford doing it in full.

It won’t solve Greece’s financial problems.

SYRIZA may well do the irrational thing, just out of ideology. They may do the same thing anyway, even if the Europeans pay their bills for them.