As a reminder, don’t count Greece out mainly due to the energy factor. They could very likely be a regional oil & gas hub for the European continent that’s too important to let go. Therefore, don’t be surprised if the Troika gives a few concessions towards the increasingly desperate and belligerent Greeks. Where the energy supplies actually come from, be it from Russia or another Mediterranean land such as Cyprus, is yet to be seen — although the latter would break Europe free from Russia.
MOSCOW (Sputnik) — The Turkish Stream gas pipeline could help Greece become one of the main power distribution centers in Europe, President of Russia Vladimir Putin said. Continue reading