Moscow Denies Planning Multibillion Credit To Greece – 18 April 2015

RT logoRussia denied media reports that it is going to give Greece a loan of up to $5 billion as advance payment for future transit profits from a future gas pipeline. The sum was mooted by the German magazine Spiegel.

Greece is expected to shortly join a joint Russian-Turkish pipeline project that will pump Russian gas to Europe via Turkey. Themagazine citeda senior source in the Greek government as saying that the country would get from $3 billion to $5 billion in credit as part of the deal. It was reportedly agreed during Greek Prime Minister Alexis Tsipras’ visit to Moscow last week.

But on Saturday, the Russian president’s spokesman Dmitry Peskov said no such loan is planned.

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