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Economy

Russian Wants Investments in Greece, No Turkish Showdown There

December 13, 2021

MOSCOW – As interest by American firms in investing in Greece is growing again even during the COVID-19 pandemic, Russian companies don’t want to lose out and are also eager to jump in.

A report in Russia’s state news agency TASS said that Russian firms would like to develop mega projects in Greece without indicating what they would be, similar to huge Russian investments in Turkey.

Russia is trying to walk the line between Greece and Turkey, having business and political ties with both and Prime Minister Kyriakos Mitsotakis recently met with Russian President Vladimir Putin.

Kremlin spokesman Dmitry Peskov said that, “We have lots and lots of Russian companies who are ready to invest in Greek economy. We are interested in implementing huge, mega projects like we do it in Turkey. Of course, it is not that every project is allowed(in Greece,) for example, we are building a nuclear station in Akkuyu in Turkey, but, unfortunately, nuclear energy is forbidden in Greece,” he explained.

Putin is also trying to keep a balance between Mitsotakis and Turkish President Recep Tayyip Erdogan, whom the Greek leader has accused of provocations and planning to send ships to hunt for energy off Greek islands.

Peskov said that Putin holds the autocratic Erdogan in high regard, both leaders stifling independent media.

“He is the type of man that is being appreciated by President Putin because when President Putin says something he means it and he does it. This is important,” the spokesman said.

As to whom Russia would back if Greece and Turkey get into a conflict in their disputes over the seas, Peskov said diplomatically that Russia wouldn’t take sides but would seek some kind of solution then.

“The last thing we would like to see in the Aegean or in the Mediterranean Sea is us being closer to a conflict. We were very worried in August of 2020 when there was a collision between the ships of two countries,” he also said.

 

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