Russia Rules Out Possibility of Financial Support to Greece – Official

© Sputnik / Ramil Sitdikov / Go to the photo bankPress lunch with Kseniya Yudayeva
Press lunch with Kseniya Yudayeva - Sputnik International
Russian Deputy Finance Minister Sergei Storchak said that he rules out the possibility of financial to Greece, because "such funds are not stipulated in the federal budget law."

Russia’s decision to change the gas route to Turkey sounds entirely justified, member of the Council of the Greek-Russian Chamber of Trade Dimitris Velanis told Sputnik. - Sputnik International
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MOSCOW (Sputnik) — Russia does not have enough budgetary funds to provide financial support to Greece, Russian Deputy Finance Minister Sergei Storchak said Tuesday.

“As of today, I rule this out [financial aid to Greece], because such funds are not stipulated in the federal budget law,” Storchak told journalists.

On February 10, Russian Finance Minister Anton Siluanov said that Russia would consider providing financial aid to Greece if Athens asked Moscow to.

However, earlier in the month his Greek counterpart Yanis Varoufakis said that Greece would not request financial assistance from Russia.

Greek Finance Minister Yanis Varoufakis, center, arrives for a meeting of eurogroup finance ministers in Brussels on Friday, Feb. 20, 2015. - Sputnik International
Despite German Objections, Euro Zone Reaches Deal on Greek Bailout
Greece's recently elected government, headed by the leftist Syriza party, has vowed to revise the country's austerity measures. The restrictions were set to meet the bailout conditions of international creditors in exchange for multibillion euro loans issued over Greece's sovereign debt crisis.

Greece’s debt to the troika of creditors comprising the European Union, the European Central Bank and the International Monetary Fund stands at about $270 billion.

Last week, Athens and Eurozone finance ministers reached an agreement to extend the deadline for Greece’s bailout for another four months.

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