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    UPI: Russia Extends Energy Hand to Greece

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Summary

Russian Energy Minister Alexander Novak said ahead of the EU bailout deal that Russia was ready and willing to help Greece to develop its energy sector

by: Erica Mills

Posted in:

Press Notes

UPI: Russia Extends Energy Hand to Greece

The Kremlin will do its part in the Greek economic recovery by working to support the country's energy sector, Russia's energy minister said.

European finance ministers ended 17 hours of negotiations Monday that set the stage for a $39 billion support mechanism for Greece, nearly two weeks after it defaulted on its $1.73 billion loan from the International Monetary Fund.

Hours before the deal was secured, Russian Energy Minister Alexander Novak said the Kremlin was ready to lend a hand in the Greek energy sector.

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