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Russian Prime Minister Vladimir Putin has assured Greece that a major gas pipeline project will help it recover from its debt crisis by boosting state revenues, but has not publicly suggested any possible aid from Moscow.
Greek Prime Minister George Papandreou ended a two-day trip to Moscow Tuesday by promising the Kremlin that Greece's economic mess wouldn't sink the South Stream pipeline project.
The pipeline, set for 2015, would carry Russian gas to Europe under the Black Sea.
reply to post by MightyAl
First Goldman Sachs supports Greece by increasing their debts to such a level that they can't handle it anymore. Then Russia comes along and tells Greece their gas pipelines can help them get out of this mess.
Deripaska is the sole owner and CEO of Basic Element, a diversified investment company established in 1997, with assets in Russia and abroad.
Basic Element's main assets are concentrated in six sectors - energy, resources, manufacturing, financial services, construction and aviation.
Deripaska's estimated fortune was $28 billion in 2008, according to the Forbes wealthiest list, making him the 9th richest man in the world.
In the past, Sarkozy has admitted contacting his friends, who also include Edouard de Rothschild, chief shareholder in the left-leaning daily Libération, to complain when reports have troubled him.
German Chancellor Angela Merkel has urged EU Commission President Jose Manuel Barroso and Czech Prime Minister Mirek Topolanek, whose country currently holds the six-month rotating EU presidency, to back the planned Nord Stream gas pipeline linking Russia and Germany via the Baltic Sea.
Originally posted by MightyAl
I blame it on Jacob Rothschild and his good Russian oligarch friend Oleg Deripaska. Rothschild, Peter Mandelson and George Osborne were hanging out together at Rothschild's villa in Corfu, a Greek Island.