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Kremlin denies $5 billion gas pipeline pre-payment to Greece. IMF debt payments loom large in May

Russia denied on Saturday a German media report suggesting that it could sign a gas pipeline deal with Greece as early as Tuesday which could bring up to five billion euros into Athens’ depleted state coffers.

Alex Christoforou

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If Greece does secure a $5 billion pre-payment from Moscow, connected to the Turk Stream pipeline deal, that would mean, in my opinion, that the Athens government is moving forward with a Eurozone divorce.

The reasoning being, that Moscow would ultimately place covenants on the gas prep-payment, stating that none of the funds received by Athens would be used to pay back pending IMF payments.

Having $5 billion in Russia money enter Athens’ coffers, only to immediately leave out the back door to pay the US controlled IMF would be, to say the least, an embarrassment for the Kremlin.

If, as the Kremlin stares, no $5 billion pre-payment has been issued, or even asked for by Athens, then effectively it supports the fact that Tsipras is indeed looking for a “European” solution to Greece’s debt woes.

Via Reuters:

German magazine Der Spiegel, citing a senior figure in Greece’s ruling Syriza party, said the advance funds could “turn the page” for Athens, which is now struggling to reach a deal with its creditors to unlock new loans to avert bankruptcy.

“No, there wasn’t (any agreement),” said Kremlin spokesman Dmitry Peskov, in comments made to Business FM radio and quoted by RIA news agency.

Peskov reiterated that the Greeks had not requested financial assistance during talks in the Kremlin earlier this month between Prime Minister Alexis Tsipras and Russian President Vladimir Putin.

“Naturally the question of energy cooperation was raised. Naturally … it was agreed that at the expert level there would be a working-out of all issues connected with cooperation in the energy sphere, but Russia did not promise financial help because no one asked for it,” Peskov was quoted as saying.

During his visit to Moscow, Tsipras had expressed interest in participating in a pipeline that would bring Russian gas to Europe via Turkey and Greece.

Under the proposed deal, Greece would receive advance funds from Russia based on expected future profits linked to the pipeline. The Greek energy minister said last week that Athens would repay Moscow after 2019, when the pipeline is expected to start operating.

Greek government officials were not immediately available to comment on the Spiegel report.

Speaking in Washington on Saturday, German Finance Minister Wolfgang Schaeuble said he would be happy if the Spiegel report proved correct and Greece received the advance funds, but added:

“I do not think that this would solve the problems Greece has in fulfilling the commitments of the memorandum of understanding (with its European partners).”

References:

http://www.reuters.com/article/2015/04/18/us-eurozone-greece-russia-gas-idUSKBN0N90CR20150418

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Trump’s speech in Miami plays up anti-socialism, as Bolton focuses on Venezuela regime change (Video)

The Duran – News in Review – Episode 180.

Alex Christoforou

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The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss Trump’s recent speech in Miami, Florida, where the US President condemned Venezuela’s socialist government and called on military command within the Latin American country to defect over to the Juan Guaido camp.

Venezuela’a elected president Maduro dismissed Trump’s remarks as an “almost Nazi-style” speech.

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Via Washington Times

Venezuela’s embattled president, Nicolas Maduro, is rejecting President Donald Trump’s call for a new day in Venezuela and comparing the tone of the American president’s speech in Miami to that of a Nazi.

Trump said Monday that the U.S. stands behind opposition leader Juan Guaido and condemns Maduro and his government’s socialist policies. Trump pleaded with Venezuela’s military to support Guaido and warned of dire consequences for standing with Maduro.

Maduro responded to Trump in comments broadcast on state television. He accused the U.S. president of speaking in an “almost Nazi-style” and lashed out at Trump for thinking he can deliver orders to Venezuela’s military.

Maduro said, “Who is the commander of the armed forces, Donald Trump from Miami?” and added, “They think they’re the owners of the country.”

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First Venezuela, now Nicaragua? Bolton says Ortega’s days ‘numbered’ & people ‘will soon be free’

The Central American nation has been rocked by unrest since April last year, with protesters demanding the resignation of Sandinista party leader Ortega.

RT

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Via RT…


US President Donald Trump’s top foreign policy advisor John Bolton appears dead set on resuming his decades-long stand-off with Nicaragua President Daniel Ortega, hinting that Washington-backed regime change may be in the offing.

“The Ortega regime has sentenced three farm leaders to 550 years in prison for their roles in protests in 2018, where Ortega’s police forces reportedly killed 300 activists. As President Trump said Monday, Ortega’s days are numbered and the Nicaraguan people will soon be free,” the national security advisor to the US president tweeted on Wednesday.

The leaders of anti-Ortega protests were given jail terms this week, after they were implicated in the deaths of four policemen and a teacher during a shootout last July.

The Central American nation has been rocked by unrest since April last year, with protesters demanding the resignation of Sandinista party leader Ortega, who has been president since 2007, and convincingly won another five-year term in 2016.

The US has repeatedly backed the uprising against the left-wing government, and last November Bolton made a keynote speech calling for the “crumbling” of what he called the “Troika of Tyranny” – Venezuela, Nicaragua, and Cuba – saying the states represented a “a sordid cradle of communism in the Western hemisphere.”

On Monday, Trump name-checked the same three countries, saying their “great potential” would be unlocked with the collapse of socialism. To expedite the process, Congress last year imposed financial measures that would make it difficult for the economically-stricken Nicaragua to obtain international loans, as well as slapping sanctions on top officials in Managua.

Revenge served ice-cold

Bolton’s history with Ortega goes back to the 1980s. Just as now, Ortega was the leader of Nicaragua, first as he spearheaded the revolution in 1979, and when he was elected president in 1985.

The Ronald Reagan administration spent significant financial resources backing the right-wing Contra rebels during the civil war, which lasted nearly the entire decade.

Bolton, at that time a legal specialist, held a number of senior positions in the Reagan White House, and was more than a witness to its shadowy CIA-aided schemes to bypass a Democrat-run Congress ban on helping the opposition militants.

He reportedly played a crucial part in hobbling both the scope of the Iran-Contra investigation and an inquiry into drug- and gun-running militants, who were enabled by Washington.

 

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After he returned to prominence under George W. Bush in yet another chapter of an unsinkable career, Bolton failed to dislodge Venezuela’s Hugo Chavez, the Sandinistas, or Cuba’s Fidel Castro (at one point, he accused Havana of developing biological weapons, without solid evidence). But as a man who with permission from Donald Trump now seems to be steering US foreign policy on dozens of key issues, Bolton has more resources than ever before to settle his lifelong ideological grudges.

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Hungary Prime Minister Attacks Juncker and Soros in Billboard Ad

Hungarian Prime Minister Victor Orbán attacked EC President Jean Claude Jucker and George Soros in a billboard ad.

The Duran

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Via MishTalk:


The EU has never seen anything quite like this. Orbán has a billboard campaign that claims European Commission president Juncker and and George Soros are “Endangering Hungary’s Safety”.

Opening a new front against Brussels a few months before European [parliament] elections, the poster shows the European commission president alongside the Hungarian-American philanthropist George Soros, a familiar target in Hungary.

“You have the right to know what Brussels is planning to do,” the poster says. On its official Facebook page, the Hungarian government says the poster is part of an information campaign to tell the public about Brussels’ migration plans, which it claims “fundamentally endangered Hungary’s safety”.

Although the government has previously run a “Stop Brussels” campaign, the decision to use an image of Junker is an escalation in the Orbán government’s public relations war with the EU’s most senior leaders.

It also exposes the rift in the centre-right European People’s party in the European parliament, which counts Juncker and Orbán, as members.

Orbán was re-elected for a third straight term last April, after a campaign dominated by immigration. A long-term critic of the EU, Orbán has accused NGOs and critical media of being part of a plot orchestrated by Soros to send millions of people to Hungary.

In recent weeks, Orbán has spoken of his hopes that the next European parliament will be dominated by anti-immigration parties.

Birds of a Feather Not

​Juncker once met Orbán with the jokey greeting “hello, dictator” and playfully tapped his face.

Today, Juncker responded Orban Should Leave Europe’s Centre-Right.

European Commission president Jean-Claude Juncker has said Hungarian prime minister Viktor Orban’s ruling Fidesz party should leave the centre-right European People’s Party (EPP) group in the European Parliament (EP).

“Against lies there’s not much you can do,” Juncker was quoted as saying by the Reuters news agency, adding that he had called for Fidesz’s expulsion from the EPP.

​”They didn’t vote for me in the European Parliament,” he said in Stuttgart, Germany, in a speech. “The far right didn’t either. I remember Ms. Le Pen, she said: ‘I’m not voting for you.’ I said: ‘I don’t want your vote.’ There are certain votes you just don’t want,” Juncker said, referring to the French far-right leader Marine Le Pen.

Eurointelligence Comments

Looking at Orbán’s previous record, and noting that one cannot of be sure, we continue doubt that Hungary’s Prime Minister has changed his European strategy and is now working to provoke the exclusion of his party from the EPP. Rather, Orbán seems to be doing one his classic hit-and-runs.

There is little doubt that the new smear campaign will make life on the campaign trail much more difficult for Manfred Weber, the CSU MEP and EPP spitzenkandidat. Juncker himself has now declared more forcefully than ever before that the EPP values are not consistent with keeping Fidesz in.

But we note that the CSU leadership in Munich has in the past consistently worked to maintain close and even warm ties with Orban.

Spitzenkandidat

US readers no doubt need an explanation of Spitzenkandidat. The following video explains.

In short, the term refers to an election process instead of an appointment process to determine the head of the European Commission.

63% of Europeans want the commission president determined by vote. Those in power still support the behind closed doors process for obvious reasons.

Orbán’s mission

Orbán’s mission is to weaken the EU from within. Italy has the same mission, for different reasons, as does President Trump.

EU Splintering

Two days ago I reported a Commerce Study Deems “European Cars a Threat to US National Security”. That’s nonsensical, of course. But Trump’s mission is easy to spot. He is doing his best to bust up the EU.

And now Trump has a lot of help on the inside: Marine Le Pen in France, Victor Orbán in Hungary, and Matteo Salvini in Italy.

I response to Trump, I noted, EU Pokes Trump Again, This Time Over Huawei’ s 5G Technology.

In the UK, Seven UK MPs Split from Labour Party Over Brexit. More MPs joined that parade today.

The splintering of the EU continues with escalating infighting at unprecedented levels.

It is illogical for the UK to want to part of this mess. Yet, the UK Remainers want to stay in.

Mike “Mish” Shedlock

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