Russia to help Greece

Posted by Bhumika Ghimire Apr 19, 2006

In a news report by Kathimerini, "An agreement was signed Friday in Moscow, under which Russia will pay off an old debt of USD 11 million to Greece, the online edition of Greek newspaper Kathimerini reported. The signatories were Greek Deputy Minister of Economy and Finance Christos Folias and his Russian counterpart Sergey Storchak."

This is expected to help Greece reduce its increasing national debt.