Topic: Russia willing to consider loans to Greece - page 3. (Read 2123 times)
Pretty sweet and smooth move by Russia. After making greece financially dependent, they will hold an upper hand in their region and might take advantage of their favours provided at future. Also, Russia is one of those countries with the lowest debts I assume and maximum resources. They are pretty strong.
I thought that Russia was in financial trouble 
Well... I'll give you a comparison between the United States and Russia.
Russia:
Net Debt: $243 billion
Forex Reserves: $370 billion
Surplus: $127 billion
United States:
Net Debt: $18,315 billion
Forex Reserves: $121 billion
Deficit: $18,194 billion
Now, from these stats, who seems to be in financial trouble?
You should relate debt and deficit to gross domestic product, and income per inhabitant...
Now, I wonder what game the Greeks are playing. They've said many times that the Germans and especially Frau Merkel were all nazis, but they would like us to believe that Putin is Mr Nice Guy, and that he will save Greece from rapacious western bankers? I'm doubtful dealing with Putin will be any sweeter than dealing with Mme Lagarde from the IMF.
Well the answer for this is, Russia has a large and sophisticated arms industry, capable of designing and manufacturing high-tech military equipment, including a fifth-generation fighter jet. The value of Russian arms exports totalled $15.7 billion in 2013—second only to the US. Top military exports from Russia include combat aircraft, air defence systems, ships and submarines.
Arms industry is important for the Russian economy, but it is not one of the top revenue earners for Russia. Russia produces some 10.7 million barrels of crude oil every day, and exports crude and products worth 8.1 million barrels every day. They earn a tax revenue of $42 per barrel from the exports, amounting to $340 million per day or $124 billion per year. They also export vast quantities of natural gas, in addition to other resources such as timber, coal, nickel, phosphate, copper, aluminium, and gold.
[quote
I thought that Russia was in financial trouble
[/quote]
Well the answer for this is, Russia has a large and sophisticated arms industry, capable of designing and manufacturing high-tech military equipment, including a fifth-generation fighter jet. The value of Russian arms exports totalled $15.7 billion in 2013—second only to the US. Top military exports from Russia include combat aircraft, air defence systems, ships and submarines.
I thought that Russia was in financial trouble
[/quote]
Well the answer for this is, Russia has a large and sophisticated arms industry, capable of designing and manufacturing high-tech military equipment, including a fifth-generation fighter jet. The value of Russian arms exports totalled $15.7 billion in 2013—second only to the US. Top military exports from Russia include combat aircraft, air defence systems, ships and submarines.
Heads up WW3 coming...
Both EU and US warned Greece it seems the new Government wan'ts to refresh relations with Russia(and China). Economic devastation of a country in astrategic position is no good. Russia would like like to get
a "far hand" inside Greece to sabotage EU sanctions and bypass Ukraine.
Both EU and US warned Greece it seems the new Government wan'ts to refresh relations with Russia(and China). Economic devastation of a country in astrategic position is no good. Russia would like like to get
a "far hand" inside Greece to sabotage EU sanctions and bypass Ukraine.
I think Russia here plays a very clever game.
Currently, Russia is quite isolated in Europe and this is an excellent opportunity for them to deepen their ties with an important member of the EU and NATO and make Greece financially dependent on Russia.
Another important objective of Russian policy is likely to bypass the blockade of the EU and to build their pipeline of alternative route: Turkey- Greece- Makedonie- Serbia and Hungary, through the countries with whom they have built excellent political and economic relations.
However, Russia is also in financial problems and the question is how much they can really financially help Greece.
Currently, Russia is quite isolated in Europe and this is an excellent opportunity for them to deepen their ties with an important member of the EU and NATO and make Greece financially dependent on Russia.
Another important objective of Russian policy is likely to bypass the blockade of the EU and to build their pipeline of alternative route: Turkey- Greece- Makedonie- Serbia and Hungary, through the countries with whom they have built excellent political and economic relations.
However, Russia is also in financial problems and the question is how much they can really financially help Greece.
I thought that Russia was in financial trouble
Well... I'll give you a comparison between the United States and Russia.
Russia:
Net Debt: $243 billion
Forex Reserves: $370 billion
Surplus: $127 billion
United States:
Net Debt: $18,315 billion
Forex Reserves: $121 billion
Deficit: $18,194 billion
Now, from these stats, who seems to be in financial trouble?
http://finance.yahoo.com/news/russia-willing-consider-loans-greece-114122433.html
Russia is willing to consider giving financial aid to Greece, President Vladimir Putin's spokesman said Friday ahead of talks between the leaders of the two countries.
Greek Prime Minister Alexis Tsipras traveled to Russia as his country struggles to reach a deal with its creditors for new loans it needs to avoid defaulting on debt payments at the end of the month. Without the bailout, Greece could be headed for bankruptcy or an exit from the euro.
Tsipras's visit has given rise to speculation that the Greeks may be seeking Russian loans.
I thought that Russia was in financial trouble
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