ASSESSMENTS

Greece Uses Russia to Strengthen Its Position

Jan 31, 2015 | 14:00 GMT

A burned EU flag hangs on the barriers in front of the Greek parliament in Athens.

(LOUISA GOULIAMAKI/AFP/Getty Images)

Summary

During its first week in office, the Greek government confronted Germany and displayed its good ties with Russia. The moves are part of Athens' strategy for upcoming negotiations with lenders over debt relief. Athens understands that the discussions will be tough because most governments and institutions in the European Union oppose a new write-down of Greek debt. As a result, Greece is trying to accumulate as many bargaining chips as possible. Moreover, keeping good ties with Russia will be key for Greece should the country be forced to leave the eurozone.

Ahead of negotiations with EU lenders, Athens boosts its relationship with Moscow and tests its strength against Berlin....

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