As reports CNBC : with Greece's relations with its European counterparts at a low ebb, Greek Prime Minister Alexis Tsipras is scheduled to head for Russia Thursday and meet President Vladimir Putin at the St. Petersburg International Economic Forum (SPIEF).
Tsipras' visit comes at a crisis point for Greece, with reforms-for-rescue talks between the country and its international lenders in deadlock. Tsipras' government has already warned it will not have the money to pay a debt of 1.5 billion euros to the International Monetary Fund (IMF) without an agreement, prompting increasing concern that Greece will default and eventually leave the euro zone.
Russia's Central Bank Governor Elvira Nabiullina told CNBC Russia had considered the implications of such a scenario – for example, its impact on money flow in Europe – and was worried. Nabiullina said a "Grexit" was a possibility – and Russia too could be affected.
The Greek and Russian governments warming relations have not come as a surprise to some Europe-watchers.
We will fight to the end to reach an agreement with Greece, said on the other hand, the French finance minister today on Radio INFO. He emphasized that France will do everything necessary to reach agreement.
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