Monday, April 6, 2015

Greek Leader Heads to Moscow as Bailout Talks Drag On

by Nektaria Stamouli & James Marson

Wall Street Journal

April 5, 2015

Greek Prime Minister Alexis Tsipras will be walking a fine line in Moscow this week, aiming to demonstrate an independent streak to voters at home without irritating the European Union as he negotiates for urgently needed funding.

Greek officials and foreign-policy analysts in Athens say Mr. Tsipras isn’t looking for money from Russian President Vladimir Putin in place of fresh bailout loans from eurozone governments and the International Monetary Fund. Russia’s weak finances and limited interest in Greece mean it isn’t a viable source of alternative funding anyway.

Instead, the visit Wednesday and Thursday is aimed at pleasing Greek voters with a show of defiance toward European creditors, they say.

Mr. Tsipras and other Greek politicians have been critical of EU sanctions against Russia over its agression in Ukraine, and EU officials are anxious about Greece splitting from its common position.

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