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Saturday, April 18, 2015

Russia denies report of €5B pipeline deal with Greece

Doug G. WareMOSCOW, April 18 (UPI) -- After a similar gas pipeline project was killed in December, Russia has reportedly promised debt-ridden Greece 5 billion euros in advance of a new pipeline.


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Delamaide: IMF faces tipping point over Greece

WASHINGTON — It was perhaps inevitable that the Greek crisis would hijack the spring meeting of International Monetary Fund this week, but the ...


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Russia-Greece Gas Deal: Kremlin Denies Any Advance Loan Deal

Russia has not reached an agreement to provide Greece with an advance payment of as much as 5 billion euros ($5.40 billion) in the context of a ...


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Greek and Turkish jets harass each other over international waters

Two Greek F-16 jets intercepted two F-16 jets belonging to the Turkish Air Force on Saturday, according to a press release from the Turkish General ...


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Protesters attack Greek police guarding Turkey's Thessaloniki Consulate

The police kiosk guarding Turkey's Thessaloniki Consulate, which includes the house that the Republic's founder Mustafa Kemal Atatürk was born as ...


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Greece woes 'urgent', can only help itself: Draghi

European Central Bank president Mario Draghi said on Saturday that Europe is rooting for Greece to resolve its problems, but the Hellenic Republic is ...


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Greece Must Reach Debt Deal In Order To Avoid Default, According To U.S. Treasury Secretary ...

Before cementing any sort of monetary assistance though, the International Monetary Fund told Greece that the country must “produce credible ...


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ECB's Draghi Rejects Talk of Greek Exit From Euro

WASHINGTON—European Central Bank President Mario Draghi rejected speculation that Greece may be forced to abandon the euro, reiterating that ...


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Greece wants EU/IMF deal but impasse could bring referendum

Greece aims for a deal with its creditors over a reforms package but will not retreat from its red lines, the country's deputy prime minister told the Sunday newspaper To Vima, not ruling out a referendum or early polls if talks reach an impasse. Athens is stuck in negotiations with its euro zone partners and the International Monetary Fund over economic reforms required by the lenders to unlock remaining bailout aid. "Our objective is a viable solution inside the euro," Yannis Dragasakis told the paper. The aim is (to reach) an agreement." Greece is quickly running out of cash and in the next few weeks may face a choice of either paying salaries and pensions or paying back loans from the International Monetary Fund.


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Draghi says new Greek crisis would be ‘uncharted waters’

IMF meeting overshadowed by renewed fears about the risk of a Greek debt default


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Draghi warns of 'uncharted waters' if Greece crisis deteriorates

Asked about the risks of contagion from a new flare-up in Greece, he said: “we have enough instruments at this point in time . . . which although they ...


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ECB's Draghi Says Urgent That Greece Strikes Deal With Creditors

European Central Bank President Mario Draghi said it is urgent that Greece strikes a deal with creditors, although its banks continue to meet the ...


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Greece seeks Chinese, Russian cash

Russian President Vladimir Putin and Greek PM Alexis Tsipras chat during the latter's visit to Moscow earlier this month. Greece didn't explicitly ask ...


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Draghi: 'More work needed now' by Greece for debt deal

Washington (AFP) - European Central Bank chief Mario Draghi said Saturday that Greece needs to do much more on an acceptable plan to gain further EU financing."The answer is in the hands of the Greek government... More work, much more work is needed now, and it's urgent," he said in Washington.Join the conversation about this story »


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Agreement Between Greece and Russia on ‘Turkish Stream’ Pipeline May be Signed Next Week

An agreement between Moscow and Athens for the construction of the “Turkish Stream” gas pipeline, expected to bring up to 5.0 billion euros to Greece, may possibly be signed at the start of next week, Greek government sources said on Saturday. According to an article in Greek financial newspaper “Agora,” the amount will be an advance on the profits to be made by the Greek side from transit fees. The article said signatures cementing the deal agreed in Moscow during a recent visit by Prime Minister Alexis Tsipras may be placed as early as Monday. The “Turkish Stream,” which will transport Russian natural gas via Turkey and Greece to the rest of Europe, is expected to be implemented by 2019. (source: ana-mpa)


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Turkey Urges Greece to Investigate Mosque Attacks

The Turkish Foreign Ministry asked Greek authorities to investigate two mosque attacks in Komotini, northeastern Greece. “Turkey requests Greek authorities to clarify, as soon as possible, the reason of these atrocious incidents that occurred in sacred places for the Turkish minority of Western Thrace,” said the official statement released on Saturday. Two suspected arson attacks took place in two different mosques in Komotini on Friday, just before prayers. A fire damaged the roof and the interior of one mosque, while another fire broke out in the garden trees of a nearby mosque. The Turkish Ministry said they expect Greek authorities to investigate the incidents and protect the area’s Turkish minority. Greek authorities said they will investigate to see if the incidents are acts of arson or vandalism. An elected mufti in Komotini told Turkish “Anadolu Agency” on Friday that the cause of the fires is not yet known but he suspects that they are acts of arson. “These two incidents cannot be a coincidence. Personally, I think it was sabotage,” the mufti said.


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Two Suspected Terrorists Arrested in Athens After German Request

The Greek police counter-terrorism unit said on Saturday that they made two arrests in Athens following a request from German authorities. A counter-terrorism police operation in Germany resulted in nine arrests on April 15. According to German police, the two men, who were residing in Greece, were part of a group that was planning terrorist attacks in Germany. Greek police officers said that they arrested a 47-year-old German citizen on Wednesday who was wanted by authorities in Germany and France on terrorism charges. He had been convicted to four years in prison by a Paris court in 2011 for being involved in a terrorist group. The second suspect was arrested on Saturday morning. A 56-year-old Turkish man who has been living in Greece since 1987. Both men were arrested in Athens. No further information was released by police, other than the fact that extradition proceedings for the German citizen began immediately after his arrest.


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Greek foreign minister on visit to United States next week

Greek Foreign Minister Nikos Kotzias is due to depart for Washington on Sunday, where he will meet US Secretary of State John Kerry on Monday. The Greek minister is scheduled to stay in Washington until next Thursday and have a ...


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'Greece will remain in the eurozone,' Greek President tells Krugman

Greek President of the Republic Prokopis Pavlopoulos on Saturday underlined his conviction that Greece will remain in the European Union and the eurozone, while receiving Nobel Prize-winning economist Paul Krugman at the presidential mansion in Athens. "Greece is orientated toward ...


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Greek police arrest two suspected terrorists

ATHENS, April 18 (Xinhua) -- Greek police announced on Saturday they have arrested two suspected terrorists in a central district of Athens.


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Finance Officials See Rising Risks to Economic Recovery

Global finance officials see rising risks to recovery, including possible Greek debt default


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Global finance officials see rising risks to recovery, including possible Greek debt default

Atop the list is the looming threat of a possible Greek debt default. Financial officials are wrapping up three days of talks in Washington. And they're ...


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ECB's Draghi won't 'contemplate' Greek default

WASHINGTON-- The head of the European Central Bank said Saturday he won't "even contemplate" the possibility of a Greek default on its debt ...


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How finance minister Yanis Varoufakis became the face of Greece's anti-austerity rebellion

Greece maybe tumbling towards a messy default on its debt, and it may even have to exit the eurozone. But it will do so in style, thanks to Yanis Varoufakis.  The Greek finance minister has taken Europe's economic institutions by storm, found his way onto the front page of every newspaper and (reportedly) into the hearts of plenty of German women.  And he's barely been in politics for four months. Whether you're in awe or loathe him, there's no avoiding Yanis Varoufakis.Before he got into politics, Varoufakis was an academic, and spent some time as chief economist of video game company Valve. Varoufakis only announced he would run for election in January 2015, less than three weeks before the government actually came into power. A few days after the election Varoufakis had an incredibly awkward back-and-forth with Eurogroup chief Jeroen Dijsselbloem, setting the frosty diplomatic tone. See the rest of the story at Business Insider


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What Will Happen To The Euro If Greece Exits The Eurozone?

With the IMF proclaiming on April 16 that no allowances in payment delays would be made for Greece to meet its debt obligations, speculation has ...


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Turkey asks for investigation into Greek mosque attacks

The Turkish Foreign Ministry has asked Greece to investigate the vandalism of two mosques in Komotini following incidents on Friday.


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Human trafficking suspect arrested in Kavala

A 39-year-old Moldovan man suspected of being a human trafficker was arrested in Kavala, northeastern Greece, late on Friday after a lengthy chase by car and on foot.


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No agreement with Greece on 3-5bln euro pre-payment

Russian President Vladimir Putin had a meeting with Greek Prime Minister Alexis Tsipras in Moscow on April 8


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Greece's Binary Outlook Gives Markets a Headache

Markets aren’t good at dealing with events where the potential outcomes are wildly divergent. Greece is a prime example of that.


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Officials Warn Greece Time Is Tight

Talks over fresh emergency financing for Greece likely will take several more weeks, even though cash-needy Athens requires a deal to help it meet debt payments due in June, an International Monetary Fund official said.


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Fear of Greek insolvency sends global stocks tumbling

The E-Edition includes all of the news, comics, classifieds and advertisements of the newspaper. And it's available to subscribers before 6 a.m. every ...


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ECB's Vasiliauskas Sees Summer as Limit for Greek Emergency Cash

European Central Bank Governing Council member Vitas Vasiliauskas, also governor of Lithuania's central bank, said “the Greek problems are now ...


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Global finance leaders welcome modest improvements while side-stepping fears of Greek default

U.S. Treasury Secretary Jacob Lew said he stressed in a series of one-on-one meetings, including discussions with Greek Finance Minister Yanis ...


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Is Al Qaeda In Decline?

Every week, The WorldPost asks an expert to shed light on a topic driving headlines around the world. This week, we spoke with Aaron Zelin about the state of Al Qaeda. Since the rise of the Islamic State group in Iraq and Syria, al-Qaeda, the global terrorist network behind the attacks of 9/11 and the U.S. embassy bombing in Nairobi, has experienced fierce competition in the battle for the hearts and minds of radical Islamists. The WorldPost spoke with Aaron Zelin about Al Qaeda's evolution since the rise of the Islamic State group. Zelin is the Richard Borow Fellow at the Washington Institute and Rena and Sami David Fellow at the International Center for the Study of Raidcalisation. He recently published a briefing on the state of the terrorist network. Since its spectacular rise last year, the Islamic State group has made headlines around the world. Al Qaeda has seemingly moved on the background. Is that same dynamic visible in both groups' operational strength? It depends how one frames it, if one is solely looking at Al Qaeda in Afghanistan and Pakistan, then yes, its operational strength is diminished and has been in decline for years. But if one is looking at the broader Al Qaeda network, which I think is more apt since the number two in the network, Nasir al-Wihayshi, also the leader of AQAP, is based in Yemen and many senior Al Qaeda operatives from the AfPak region and Iran are now in Syria with Jabhat al-Nusra, then Al Qaeda’s operational strength is good. In many ways, the center of gravity for Al Qaeda has shifted from the AfPak region more to Yemen, Syria, and even Libya, where Ansar al-Sharia serves as an Al Qaeda branch even if it is not publicly pronounced. Therefore, while the Islamic State controls territory in Iraq and Syria, while its other ‘wilayat’ (provinces) control spaces in Nigeria, Libya, and Sinai (albeit small in the latter two), Al Qaeda’s network controls territory in Syria, Yemen and Libya. As the situation deteriorates in Yemen, Al Qaeda could be back on par with IS in terms of strength very soon. That said, in terms of Al Qaeda, there is also the question of whether we should be thinking about Jabhat al-Nusra, AQAP, and Ansar al-Shariah in Libya as part of a singular organization at this point, or whether they are now, or are heading toward, being like-minded, but independent groups for most intents and purposes. I’m agnostic about this latter issue. One of the fields in which the Islamic State group has been particularly active is propaganda. Has Al Qaeda’s outreach kept up with IS’ efforts? Al Qaeda’s network has not been as flashy as IS, though Al Qaeda’s network does have a presence both still in the classical forums as well as on Twitter, which has more or less become the headquarters of Sunni jihadi propaganda dissemination in the past two years or so. It appears that AQAP, Jabhat al-Nusra, and Ansar al-Sharia in Libya are attempting to innovate and become more sophisticated in branding and pushing its content. The reality is though, if none of these Al Qaeda network organizations are killing Americans or Westerners or publishing its content in English, the mainstream media won’t follow or act as a megaphone with the propaganda. The vast majority of propaganda put out by the Islamic State is in Arabic and therefore does not get much coverage -- maybe five percent of all their propaganda is reported on. Since Al Qaeda focuses more on its Arab audience too, it gets less attention in the West. It’s not a coincidence you hear so many stories about Nutella and kittens, among other red herrings. Further, the conflict in Syria resonates with individuals in the Muslim world in a way the conflicts in Yemen, Libya, or elsewhere do not. Plus because of the easy access to Syria via Turkey, it allows the capacity for more Westerners to then go off to the conflict. Because the vast majority of Westerners now are in the Islamic State versus Jabhat al-Nusra, the Islamic State gets more mainstream media attention since they can follow the tweets and messages of their own countrymen fighting. This in turn provides a greater megaphone and begins a cycle that feeds off of each other, especially since members of the Islamic State know how to get the attention of Western journalists. It’s not a coincidence you hear so many stories about Nutella and kittens, among other red herrings. Has Al Qaeda changed its tactics since the rise of the Islamic State or are they expected to change their tactics. Al Qaeda has more or less remained resolute in its methodology, even codifying its rules of engagement/guidelines authored in September 2013 by Ayman al-Zawahiri. Al Qaeda is more about patience, bidding time, and exploiting the right opportunities. Defensive in a way, but nimble and pragmatic at the same time. Whereas the Islamic State is more an offensive type of organization. IS does not let the feasibility of something get in the way of what it is trying to accomplish. By taking such risks though, it has gotten a lot more rewards. Time will tell which model will have more staying power. Al Qaeda is more about patience, bidding time, and exploiting the right opportunities. How much does the difference in leadership style between Al Qaeda’s Zawahiri vs. Abu Bakr al-Baghdadi of the Islamic State play a role in the current state and strength of both organization? It is difficult to compare them since their situations are completely different. One, Zawahiri, is hiding from drones in Pakistan and therefore has to keenly worry about personal security on a minute-by-minute basis and as a result is limited, while Baghdadi has the open freedom of the territory he controls. That said, Zawahiri provides strategic advice and directives, which are then used by the leaders of its branches in Yemen, Syria, North Africa, Somalia, and elsewhere to implement tactics and operations based on the local dynamics that those in that particular conflict zone would have a better understanding and appreciation. Additionally, Zawahiri is the fountainhead of a vanguard, where as Baghdadi is a self-styled Caliph, meaning he views himself and is viewed by his followers as the leader of the entire Muslim world as well as a particular government structure being implemented in the areas his so-called Caliphate controls. Therefore, he is attempting a nation-building and state-building project, while Zawahiri is attempting to awaken the masses and conduct terror attacks on the West, while allowing his local branches to facilitate the conditions on the ground for a future Islamic State when he or his successor(s) feel it is ripe. You write in your briefing that ”the Al Qaeda organization now looks more similar to its pre-9/11 iteration.” Could you explain that more in detail? I simply meant that the leadership of the organization is more spread out in many areas of the Islamicate, whereas for years after 9/11, the vast majority of the leadership was based in the AfPak region. More from The WorldPost's Weekly Interview Series: - What Palestinian Membership In The ICC Really Means - Anguish In Argentina After Prosecutor's Mysterious Death - Could The New Syriza Government Be Good For Greece's Economy? - Naming The Dead: One Group's Struggle To Record Deaths From U.S. Drone Strikes In Pakistan -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.


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International lenders raise pressure on Greece as cash crunch looms

Official talks are scheduled for Saturday in Paris to discuss Greece's massive bailout programme and the reforms it must adopt in exchange for ...


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Alarming Number of Migrants Flood Greece

New waves of refugees and illegal migrants are flooding Greece on a daily basis. The data released by the North Aegean Prefecture are alarming. Prefect Christianna Kalogirou said that in the last 57 days, Greece has received 75% of the total number of illegal migrants and refugees who arrived in 2014. The figures were discussed in the meeting between the prefects of border regions, the Ministry of Interior as well as other Ministries. Kalogirou said that the islands need a lot of funds and much more personnel in order to receive the migrants. The meeting took place under Interior Minister Nikos Voutsis, with the participation of Deputy Citizen Protection Minister Yiannis Panousis and Deputy Immigration Policy Minister Tasia Christodoulopoulou. In Lesvos alone, 2,204 migrants arrived in the first 17 days of April. It should be noted that in 2014 Lesvos received a total of 646 refugees and illegal migrants. Among the refugees who arrived in Lesvos on Friday were three newborn babies suffering from hypothermia and are now hospitalized. The war in Syria has forced hundreds of thousands of Syrians to seek refuge in western countries. Turkey is the gateway, where human traffickers ask for large amounts of money to carry them by sea to the West. However, in many instances, they leave them in the middle of the Aegean. On Friday night, the Greek Coast Guard rescued 73 people in Lesvos, 34 in Kos and 39 in Pharmakonisi. “An immigration policy must soon be implemented. It is a major issue and must be addressed immediately,” Voutsis said.


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Policy of strict austerity for Greece must end, Krugman says

Nobel Prize-winning economist Paul Krugman said that “policy of strict austerity for Greece must end” during his meeting with the Greek Prime Minister Alexis Tsipras, on Saturday. “I do not envy your position,” Krugman said to Tsipras. “In theory things are ...


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ISEQ dips as European counterparts plunge over Greek concerns

The Greek ASE Index slid 3pc, with the National Bank of Greece and Alpha Bank tumbling more than 7pc, as the country struggles to win more aid to ...


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RUTH SUNDERLAND: Yet another act in this Greek tragedy

But as the Greek debt circus shows, keeping the eurozone intact in its current incarnation is getting more and more difficult. There might be more logic ...


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Market report Markets dip on lull in Greek debt talks

NEW YORK -- Fear that Greece will default and abandon the euro rattled global financial markets Friday. News that negotiations between Greece and ...


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Dow slumps 300 points on Greece fears

“Greece needs to initiate reforms,” Mr Obama said at a press conference with Italian Prime Minister Matteo Renzi at the White House. “They have to ...


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Greece and Russia may be about to strike a major gas deal

BERLIN (Reuters) - Greece is poised to sign a gas deal with Russia as early as Tuesday which could bring 3-5 billion euros into depleted government ...


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Terrorism suspects caught following German request

Greece’s anti-terrorism squad revealed on Saturday that it made two arrests in Athens following a request from authorities in Germany.


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President Obama Hosts Greeks at White House

WASHINGTON, DC – Father Alex Karloutsos of the Dormition of the Virgin Mary Greek Orthodox Church of the Hamptons, as he has done for the past 29 years, since Ronald Reagan was president, along with other members, of the Greek-American community, and Greek Finance Minister Yanis Varoufakis, who is visiting from Athens, attended a White […] The post President Obama Hosts Greeks at White House appeared first on The National Herald.


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Back to the beginning

From 1980 up until the present day, the Greek educational system has given a false sense of democratization based on a flawed system of educator and student participation.


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Russia denies German report it is ready to sign gas deal with Greece

MOSCOW/BERLIN (Reuters) - Russia denied on Saturday a German media report suggesting that it could sign a gas pipeline deal with Greece as early as Tuesday which could bring up to five billion euros into Athens' depleted state coffers.


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Three Greek projects awarded by Europa Nostra

The difficult task of preserving cultural heritage while at the same time giving it new life is being quietly achieved by people and organizations all around Greece.


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Greek Govt Optimistic Over Agreement

Despite the recent flood of negative statements and reports about Greece's negotiations with creditors, the Greek government is optimistic that an ...


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Russia denies planning €5bn to Greece in advance for pipeline transit

After the news made the rounds, Russia denied media reports that it is going to give Greece a loan of up to €5 billion as advance payment for future transit profits from a future gas pipeline. Russian President’s spokesman Dmitry Peskov said no such loan was planned. “[Russian President Vladimir] […]


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Russia gas deal would not solve Greece's problems

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. "I am happy about that for Greece," Schaeuble told journalists on the sidelines of the spring meetings of the International Monetary Fund and World Bank in Washington. "But I do not think that this would solve the problems Greece has in fulfilling the commitments of the memorandum of understanding (with its European partners)." German magazine Der Spiegel, citing a senior official in Greece's ruling leftist Syriza party, reported that Athens could sign a gas deal with Russia as early as Tuesday that could bring 3-5 billion euros into the Greece's depleted government coffers. It said that during a visit to Moscow earlier this month Greek Prime Minister Alexis Tsipras expressed interest in participating in a pipeline that would bring Russian gas to Europe via Turkey and Greece.


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