Greek Prime Minister, Russian President to Meet in Moscow on Wednesday

© Sputnik / Vladimir Rodionov / Go to the mediabankГреческий флаг на смотровой площадке Акрополя
Греческий флаг на смотровой площадке Акрополя - Sputnik International
Greek Prime Minister Alexis Tsipras will meet with Russian President Vladimir Putin in Moscow on Wednesday.

MOSCOW (Sputnik) — The sides are expected to discuss Russian gas supplies to the European country, as well as other regional issues.

Last week, Greek Energy Minister Panagiotis Lafazanis after a meeting with his Russian counterpart Alexander Novak and Russian energy giant Gazprom CEO Alexei Miller said that Athens had asked for a cut in the price it pays for Russian natural gas.

Lafazanis also expressed his support for Russia's planned Turkish stream pipeline project, expressing support for the idea of extending the gas route to Greece.

People holding umbrellas make their way next to fluttering Greek national flags on the main Constitution (Syntagma) square during heavy rainfall in Athens - Sputnik International
Russia Ready to Discuss Gas Discount, New Loan With Greece
Earlier this week, the Russian daily Kommersant, citing an anonymous government source, said that the Russian government is willing to hold talks with Greece on the possible allocation of new loans and a discount on the price of gas.

Athens also hopes Moscow will lift its embargo on Greek food, which was imposed on all countries within the European Union, after sanctions were introduced by the EU against Russia over its alleged role in the Ukrainian crisis. Tsipras repeatedly expressed disappointment over the Western anti-Russia sanctions, saying that the measures are ineffective.

The state visit comes as Greece struggles to repay its loans to its international creditors. Greece's debt to the troika of creditors that includes the IMF, the European Union and the European Central Bank (ECB), is estimated at some $270 billion. The country must repay $22.5 billion in interest this year.

The creditors insist on Greece reforming its economy with the bailout deal set to expire in late June.

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