Τρίτη 10 Φεβρουαρίου 2015

If Germany holds firm on EU deal, Greece can look to USA, Russia, China

If Germany holds firm on EU deal, Greece can look to USA, Russia, China

Published time: February 10, 2015 07:19
Edited time: February 10, 2015 07:51

Greek Defense Minister Panos Kammenos (Reuters/Yorgos Karahalis)
Greek Defense Minister Panos Kammenos (Reuters/Yorgos Karahalis)
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Greece warns that if informal EU leader Germany remains rigid on granting Athens a new deal, it will seek assistance elsewhere. The US, Russia and China are the possible candidates.
READ MORE: Greek PM says troika bailout failed, will not ask for extension
The warning came from new Greek Defense Minister Panos Kammenos, who assumed office after the populist Syriza party won general election in January and its leader Alexis Tsipras took the prime ministership from Antonis Samaras.
"What we want is a deal. But if there is no deal - hopefully (there will be) - and if we see that Germany remains rigid and wants to blow apart Europe, then we have the obligation to go to Plan B. Plan B is to get funding from another source," he told Greek television on an overnight show running into early Tuesday, as reported by Reuters.

"It could the United States at best, it could be Russia, it could be China or other countries".
Syriza scored a majority of votes thanks to its EU-skeptic platform and a promise to oppose austerity measures imposed on the ailing Mediterranean nation by the ‘troika’ of foreign creditors in exchange for a debt bailout.
Kammenos himself is not member of Syriza, but comes from Independent Greeks, an ally in the coalition government. In the program he said his party and Syriza had converging views on “80 percent of issues” and that way of dealing with the debt is among those they agree on.

READ MORE: Greeks take to the streets to support government’s anti-austerity stance
The new Greek cabinet wants part of the national debt written off, a demand that Germany has rejected. Athens also opposed some policies of Brussels, most notably the anti-Russian sanctions over the Ukrainian crisis, which led to a painful trade war between Russia and Europe.
In the wake of Syriza’s victory, Moscow indicated that it may consider giving credit to Greece.
READ MORE: Russia might bailout Greece – finance minister