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22 Apr 2015
Russia to ease Greece’s cash concerns? – Rabobank
FXStreet (Barcelona) - The Rabobank Team comments on the speculation surrounding a Russia-Greece gas pipeline deal which could have geopolitical complications.
Key Quotes
“Comments on Greek and Russian TV suggested Russia might sign a gas pipeline accord with Greece shortly, which could potentially see the latter’s cash squeeze end for now (and could also have geopolitical implications); the cash grab from local Greek governments yesterday is already likely to tide PM Tsipras through until the end of May, it seems, according to comments from an insider reported on Bloomberg. In short, yet another step in that long-running saga too.”
Key Quotes
“Comments on Greek and Russian TV suggested Russia might sign a gas pipeline accord with Greece shortly, which could potentially see the latter’s cash squeeze end for now (and could also have geopolitical implications); the cash grab from local Greek governments yesterday is already likely to tide PM Tsipras through until the end of May, it seems, according to comments from an insider reported on Bloomberg. In short, yet another step in that long-running saga too.”