Putin Pivots Back: Russia Confirms Willingness To Provide Financial Aid To Greece

Submitted by Tyler Durden on 01/29/2015 13:43 -0500

• BRICs
 
• Central Banks
 
• Germany
 
• Greece
 
• Newspaper

 

We suggested the Greek pivot from Europe to Russia was building previously, and now, we get confirmation from Russia's finance minister Anton Siluanov that the pivot could be mutual, who told CNBC in the interview below:

• *RUSSIA WOULD WEIGH FINANCE FOR GREECE IF ASKED, SILUANOV: CNBC

With fire and brimstone spewing from Germany over the potential for Greece to veto any and everything, it seems Russia may just have stymied Europe's leverage over the newly democratic nation.

* * *

Recall that a German central banker warned of dire problems should the new government call the country's aid program into question, jeopardizing funding for the banks.

"That would have fatal consequences for Greece’s financial system. Greek banks would then lose their access to central bank money," Bundesbank board member Joachim Nagel told Handelsblatt newspaper.

Well, maybe...

Unless of course Greece finds a new, alternative source of funding, one that has nothing to do with the establishmentarian IMF, whose "bailouts" are merely a smokescreen to implement pro-western policies and to allow the rapid liquidation of any "bailed out" society.

An alternative such as the BRIC Bank for example. Recall that the "BRICS Announce $100 Billion Reserve To Bypass Fed, Developed World Central Banks

*  *  *

It appears, in Russia, Greece has found another possible friend...

Siluanov: "if such a petition [for financial aid] is submitted to The Russian Government, we will definitely consider it"

So once again, it appears as if all the leverage is. much to the shock and humiliation of Brussels, back in Tsipras' hands.

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