Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Russian President Vladimir Putin AP Photo/Felipe Dana

Cash-strapped Greece is cosying up to Russia now

The Greek prime minister has already said he doesn’t support sanctions against Russia.

GREEK PRIME MINISTER Alexis Tsipras will meet Kremlin strongman Vladimir Putin in Moscow today as part of an eye-catching visit that has fuelled EU fears that cash-strapped Athens is cosying up to Russia.

The two-day trip comes as Tsipras is battling to unblock a rescue package from the EU and IMF, with some in Brussels warning against any move to barter financial support from Moscow for political backing over the Ukraine crisis. 

But analysts say that while the visit might see Moscow lift an embargo on Greek fruit, overall it is more about political grandstanding aimed at pressuring Europe rather than a serious shift in policy.

Tsipras, a former Communist who travelled to Moscow last year prior to his election win, has made no secret of seeking closer ties to Russia at a time when Moscow is at loggerheads with the European Union over the conflict in Ukraine.

A number of Greek officials have openly broached the prospect of Athens turning to Russia or China for financial assistance if loan talks with the EU end in failure.

Ahead of the trip, Tsipras once again rattled the EU’s already shaky stance over Ukraine by lashing out at Western sanctions against Moscow as “a road to nowhere”.

“We do not agree with sanctions,” Tsipras told Russian state news agency TASS.

I support the point of view that there is a need for a dialogue and diplomacy, we should sit down at the negotiating table and find the solutions to major problems.”

Russia Greece Greek Prime Minister Alexis Tsipras in Russia today Ivan Sekretarev Ivan Sekretarev

Greeks wanting gifts?

Both sides have talked up the possibility of closer economic ties between the two Christian Orthodox nations ahead of the visit –set to be followed by another trip to Moscow for Tsipras for WWII victory anniversary commemorations in May.

Prominent among the issues on the agenda is gas after Energy Minister Panagiotis Lafazanis discussed energy exploration and the new Turkish Stream pipeline during a two-day visit last month.

But while both sides make positive noises there appears no chance of Russia – battling an economic crisis of its own – stepping in with major financial aid.

There is no question of Greece receiving any money to plug its holes,” Russian foreign affairs expert Fyodor Lukyanov told AFP.

Moscow, however, could well decide to revoke a painful embargo on fruit – imposed as part of a wider ban on Western products in response to sanctions over Ukraine – that has bruised Greece’s agricultural sector.

“That does not cost anything but still looks good,” Lukyanov said.

Greece Recession Timeline AP Photo / Thanassis Stavrakis, File AP Photo / Thanassis Stavrakis, File / Thanassis Stavrakis, File

For Putin, courting Athens is most likely seen as a way of sowing discord in Europe and Greece might be seen as a Trojan horse for helping to rock his Western foes. 

“It’s not realistic to expect that Greece will veto the sanctions against Russia,” Lyukanov said.

But it could foment a wave of opinion against the sanctions and that is useful.”

A warning shot

For Tsipras, experts said, the visit to Moscow is far more a warning shot to Europe as the wrangling over the bailout drags on rather than a genuine gambit to throw Athens’ lot in with Russia.

“The Tsipras government seeks to leave ambiguity hanging over its intentions as if to tell the Europeans ‘don’t take us for granted,’” said Greek analyst Constantinos Filis.

But he added that this is merely a “tactic” rather than a true foreign policy shift and cosying up to Moscow is just “an additional card” in the game of brinkmanship.

Greece needs the EU and Russia needs Greece to remain part of the EU and NATO in terms of the support it can offer against criticism and economic sanctions.”

READ: Greece has a figure for how much Germany owes in Nazi-era war debts >

READ: ‘We will pay’: Greece agrees to IMF loan repayments >

Author
AFP
View 126 comments
Close
126 Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.
    JournalTv
    News in 60 seconds