Greece

State Minister Pappas confident ECB will restore liquidity

Minister of State Nikos Pappas, one of PM Alexis Tsipras' closest associates, expressed certainty that "all sides will meet their commitments and the European Central Bank (ECB) will restore liquidity of (Greek) financing on time."

He told the Sunday weekly RealNews that no one wants a Grexit or to provoke a ? Grexident.

Tsipras eyes Russia deal as EU concern intensifies

As Greek Prime Minister Alexis Tsipras prepared for a meeting with Russian President Vladimir Putin during a visit to Moscow on April 8-9, designed to boost bilateral ties, high-ranking European officials voiced concerns that the trip might play Russia against the European Union during negotiations with the Greek government.

Brussels and Greece close to deal, but IMF resistance

Greece is close to an agreement with its international creditors following the presentation of a new list of reforms by the Radical Left Coalition (SYRIZA) government and Finance Minister Yanis Varoufakis. The new agreement concerns the period until June, however there still needs to be an agreement following this period.

500-mln-dollars to modernize old Greek P-3B Orion jets

The Radical Left Coalition government of Prime Minister Alexis Tsipras decided to proceed in the first large defense deal in 10 years. The sudden move came when the modernization of five old navy jets was commissioned to United States company LockheedMartin. The agreement's price tag is at an estimated 500 mln dollars.

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