Tuesday, July 21, 2015

Greek Prime Minister Asked Putin For $10 Billion To "Print Drachmas", Greek Media Reports

As it turns out, none of this was a joke, and, if Greek newspaper "To Vima" is to be trusted, a "Plan B" involving an emergency $10 billion loan from Vladimir Putin which would be used to fund a new Greek currency, is precisely what Greece had been contemplating!

According to Greek Reporter, Greek Prime Minister Alexis Tsipras has asked Russian President Vladimir Putin for 10 billion dollars in order to print drachmas.

In other words, if true, then Greece did just as we said it should: approach Russia and the BRICs with a request for funding to be able to exit Europe's gravitational pull .... http://www.zerohedge.com