×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Russia Not an Option for Aid-Seeking Greece, Tsipras Says

The head of radical leftist Syriza party Alexis Tsipras speaks to supporters after winning the elections in Athens on Jan. 25, 2015.

Greek Prime Minister Alexis Tsipras ruled out seeking aid from Russia and said on Monday that he would pursue negotiations for a new debt agreement with European partners but met little sign of compromise from Germany.

As the new Greek government continued a diplomatic offensive to replace its current bailout accord with the European Union, European Central Bank and International Monetary Fund "Troika," Tsipras said he was not looking for any new backers.

"We are in substantial negotiations with our partners in Europe and those that have lent to us. We have obligations towards them," he said at a news conference in Cyprus during his first foreign visit as prime minister.

"Right now, there are no other thoughts on the table," he said, when asked whether Greece would seek aid from Russia, which has suggested it could be willing to listen to a request for support from Athens.

Greece, unable to borrow on the markets and facing pressure to extend the current support deal when it expires on Feb. 28, is looking for a bridging agreement that would give it breathing space to propose a new debt arrangement, including a package of economic reforms.

However, Tsipras repeated calls already made by his finance minister Yanis Varoufakis for the troika mechanism to be dismantled and replaced by direct negotiations between Athens and its EU and IMF partners.

"I believe that this would be a mature and necessary development for Europe," he said but met an immediate rebuff from Germany, which said the troika controls were agreed as part of the bailout and should remain in place.

"The German government sees no reason to scrap this mechanism of evaluation by the troika," finance ministry spokeswoman Christiane Wirtz said in Berlin.

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more