Putin: Greece did not seek financial aid from Russia

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<div class="container--primary-and-secondary-columns column-clearfix"> <div class="column--primary"> <div class="story-body"> <h1 class="story-body__h1">Putin: Greece did not seek financial aid from Russia</h1> <div class="story-body__mini-info-list-and-share"> <ul class="mini-info-list"> <li class="mini-info-list__item"> <div class="date date--v2" data-seconds="1428511968" data-datetime="8 April 2015">8 April 2015</div> </li> <li class="mini-info-list__item"><span class="mini-info-list__section-desc off-screen">From the section </span><a href="/web/20150408200743/http://www.bbc.co.uk/news/world/europe" class="mini-info-list__section">Europe</a></li> </ul> </div> <div class="story-body__inner"> <div class="media-placeholder lead-video-placeholder" id="82185658" data-media-type="video" data-media-meta="{"duration":"PT2M4S","available":true,"image":{"height":360,"width":640,"href":"http:\/\/news.bbcimg.co.uk\/media\/images\/82175000\/jpg\/_82175639_82175638.jpg","altText":"Guards in Athens","copyrightHolder":"BBC","originCode":"mcs"},"mimeType":"application\/xml","href":"http:\/\/playlists.bbc.co.uk\/news\/world-europe-32214140A\/playlist.sxml","externalId":"p02npdkc","caption":"Chris Morris reports from Athens on the ties that bind Greece and Russia","allowOffSiteEmbedding":false,"live":false,"entityType":"Version","durationInSeconds":124}"></div><p class="story-body__introduction">Greek Prime Minister Alexis Tsipras did not ask for financial aid from Russia during talks in Moscow, Russia's President Vladimir Putin has said.</p><p>There had been speculation that Mr Tsipras would seek Russian aid to ease Greece's debt crisis, and to counter pressure from its creditors in the EU.</p><p>Mr Putin said Russia would consider loans to Greece for big joint projects, potentially in the energy sector.</p><p>But analysts say Russia's own economic woes mean any help would be limited.</p><p>Greece's new government is embroiled in negotiations with the EU and IMF to unblock a bailout package and could run out of funds within weeks.</p><div id="" class="bbccom_slot mpu-ad" aria-hidden="true"> <div class="bbccom_advert bbccom_display_none"> <script type="text/javascript"> /**/ if (window.bbcdotcom && bbcdotcom.slot) { bbcdotcom.slot('mpu', [1,2,3]); } /**/ </script> </div> <script type="text/javascript"> /**/ if (window.bbcdotcom && bbcdotcom.show) { bbcdotcom.show() } /**/ </script> </div><p>Russia was among Greece's leading trade partners before sanctions on its energy industry and Greece's own economic difficulties reduced trade between the two countries by 40%.</p><figure class="media-landscape full-width has-caption"><img class="js-image-replace" alt="Alexis Tsipras at the Kremlin" src="https://web.archive.org/web/20150408200743im_/http://ichef.bbci.co.uk/news/200/media/images/82192000/jpg/_82192604_82192603.jpg" width="624" height="351"> <figcaption class="media-caption"> <span class="media-caption__text"> Mr Tsipras - seen here laying a wreath - was received with pomp at the Kremlin </span> </figcaption></figure><p>Mr Putin called for trade relations to be restored, and said the two leaders had discussed "various ways of co-operating, including major projects in energy". </p><p>"Under these plans, we could provide loans for certain projects," he said, adding that it was not a question of aid. </p><p>One of those plans is for a pipeline called "Turkish Stream", to channel natural gas from the Turkish-Greek border into Greece.</p><h2 class="story-body__crosshead">'Restart relations'</h2><p>Mr Tsipras received a warm welcome in Moscow, which has seen its ties with the EU strained over Russia's actions in the Ukraine conflict.</p><p>There had been growing speculation before his visit that Greece would use its relationship with Russia to strengthen its hand in dealings with the EU.</p><p>In an apparent response to the speculation, Mr Tsipras said: "Greece is a sovereign state with an indisputable right to its own foreign policy."</p><p>He also called for an end to the "vicious cycle of sanctions" imposed on Russia by the EU over its role in Ukraine.</p><p>European Parliament President Martin Schulz had said before Mr Tsipras' visit that he should not break with the EU line on sanctions.</p><figure class="media-landscape full-width has-caption"><img class="js-image-replace" alt="Mr Tsipras and Mr Putin" src="https://web.archive.org/web/20150408200743im_/http://ichef.bbci.co.uk/news/200/media/images/82192000/jpg/_82192612_501ca151-01c4-46ff-bbf4-fda46b5cca5c.jpg" width="624" height="351"> <figcaption class="media-caption"> <span class="media-caption__text"> Mr Tsipras and Mr Putin agreed that they would like to see better trading ties </span> </figcaption></figure><p>However, the Greek leader also said his country respected its international obligations.</p><p>And President Putin denied the suggestion that Russia would use Greece to drive a wedge within the EU. </p><p>"About mythology and Trojan horses and so forth: the question would be valid if I was the one going to Athens," he said. "We are not forcing anyone to do anything."</p><p>According to Constantinos Filis from the Institute of International Relations, an Athens-based think tank, Russia is not in a position to solve Greece's economic issues.</p><p>"Russia is not and cannot be a (EU) substitute for Greece. It can only be a supplementary option," he told the Associated Press news agency.</p><figure class="media-landscape full-width has-caption"><img class="js-image-replace" alt="Greek fruit producer" src="https://web.archive.org/web/20150408200743im_/http://ichef.bbci.co.uk/news/200/media/images/82192000/jpg/_82192608_453518490.jpg" width="624" height="351"> <figcaption class="media-caption"> <span class="media-caption__text"> Greek fruit farmers saw Russia as a valuable export market until the sanctions imposed last year </span> </figcaption></figure><figure class="media-landscape body-width no-caption"><img class="js-image-replace" alt="line" src="https://web.archive.org/web/20150408200743im_/http://ichef.bbci.co.uk/news/200/media/images/75306000/jpg/_75306515_line976.jpg" width="464" height="2"></figure><h2 class="story-body__crosshead">Analysis: Oleg Boldyrev, BBC Russian service</h2><p>Alexis Tsipras' visit to Moscow gave ground to lots of speculation, but most of it didn't bear any fruit. Not even actual fruit - Greece's agricultural exports to Russia which stopped after Moscow slapped its own embargo in response to EU sanctions. </p><p>Before the visit, noises were made about a partial exception, which would bring Greek agricultural producers some hope of restoring exports to Russia. But Vladimir Putin dismissed the idea.</p><p>After the meeting, the two leaders spoke of hopes for repairing trade, bringing Russian tourists back to Greece's beaches, and supplying Russian gas to Greece via a yet-to-be built pipeline.</p><p>But it is impossible to predict when the two countries can reap real profits from these ideas.</p><figure class="media-landscape body-width no-caption"><img class="js-image-replace" alt="line" src="https://web.archive.org/web/20150408200743im_/http://ichef.bbci.co.uk/news/200/media/images/75306000/jpg/_75306515_line976.jpg" width="464" height="2"></figure><p>Mr Tsipras came to power pledging to end austerity, but his plans have met resistance from Greece's EU/IMF creditors, who lent the country billions to help it avoid bankruptcy. </p><p>Greece has not received bailout funds since August last year, with the EU and IMF dissatisfied with the pace of Greek reforms.</p><p>A Greek repayment of €448m to the IMF is due this Thursday.</p><p>On Tuesday, the Greek government said Germany owed Greece nearly €279bn (£204bn; $303bn) in war reparations for the Nazi occupation during World War Two. </p><p>It is the first time Greece has calculated what Germany allegedly owes.</p><p>But Germany says the matter was resolved legally years ago. 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