You are here

Cash advance from Russian gas pipeline could buy time for Greece

Section: Daily Dispatches

Russian Gas Deal 'Will Net Greece E5 Billion and Turn the Tide'

By Andrew Trotman
The Telegraph, London
Friday, April 17, 2015

Greece could reap up to E5 billion from a planned Russian gas pipeline that runs through the country and on to the rest of Europe, easing fears it could run out of money within weeks.

The construction of the "Turkish Stream" pipe could "turn the tide" for the debt-stricken country, Der Spiegel quoted a senior official in Greece's ruling Syriza party as saying.

A deal between Russia and Greece is expected to be signed on Tuesday, the magazine added, with the payment an advance on future profits from transit fees. ...

... For the remainder of the report:

http://www.telegraph.co.uk/finance/economics/11546965/Russian-gas-deal-w...



ADVERTISEMENT

Free Storage with BullionStar in Singapore Until 2016

Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.

Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop-shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage is FREE until 2016 and will have the most competitive rates in the industry thereafter.

For more information, please visit Bullion Star here:

https://www.bullionstar.com/



Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:

https://jeffersoncompanies.com/landing/2014-av-powell

Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:

http://www.goldrush21.com/order.html

Or by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16