Samaras Asks Putin For Cheap Gas

Russian President Vladimir Putin (L) with Greek Premier Antonis Samaras
Russian President Vladimir Putin (L) with Greek PM Antonis Samaras

Greek Prime Minister Antonis Samaras, in a sideline meeting in Brussels, asked Russian President Vladimir Putin to lower the prices that Greece pays for Russian gas, but didn’t get a commitment.

The two men met in Brussels after Samaras addressed a Business Europe conference and Putin had met with European Union officials.

With Greece in the seventh year of a deep recession and a lingering economic crisis – and after the Russian gas giant Gazprom last year pulled out of a bid at the last minute for Greece’s gas company DEPA – Samaras is concerned about the cost of natural gas and reportedly said it wouldn’t pay more than $400 per 1,000 cubic meters.

It was reported that Putin hear Samaras’ plea but said only he would think about the request. After the meeting, Samaras said the prices being charged Greece are 30 percent higher than the European average, but Greece doesn’t have any current alternatives and is reliant on the Russian source.

“My country is currently coming out of a six-year recession and low energy prices from Russia are crucial to our recovery,” Samaras said.

He also tried to rekindle interest from Russia in the sale of the money-bleeding Hellenic Railways Organization (OSE) and Thessaloniki port as Putin said he was still mulling the purchase of OSE as part of Greece’s privatization push under duress from its international lenders, the Troika of the European Union-International Monetary Fund-European Central Bank.

Putin, however, wants Greece to sell OSE and the port of Thessaloniki in one package and one bid, which the government said it wouldn’t do, potentially scaring off a deal.



  1. Get alternative sources. Didn’t Greece make a deal with Azerbaijan for new gas? Isn’t Cyprus developing its newly discovered huge gas source? What’s with the Russian reliance. They don’t buy anything from Greece, so only fair to balance trade with them as friends and allies.

  2. But Russian tourist are spending a sh1tload in Greece.
    This market is tipped to go through the roof in the next few years.

  3. They aren’t really our allies but it good our country is building a relationship with the Russians. Our former allies have clearly betrayed us to the Skopians so we can no longer trust them. Trust no country or person that calls the Skopians “Macedonians”. Better to play all sides against one another.

  4. Really at what point in history did Greece really have any reliable allies? Maybe France a bit to support the Greek cause against the Ottomans for Independence. That’s about it, everyone else was an ally on paper and pen.

  5. Samaras is the “Beggar Dog” as usual embarrassing Greece at every turn…!
    Get RID of these ND & PASOK rotting old scum-bags destroying Greece.

  6. Yeah, BP and Shell are running to strip Greece and Cyprus of all their oil and mineral assets since they BRIBED Samaras and Venizelos into rights.
    GET RID OF ALL THESE SCUM before they destroy our Seas next !

  7. Because trusting a Russian is in Greece’s best interest. Ever heard of Russian Roulette ?

  8. He will for 5 years, that is AFTER Greece sells its Rail Network & Ports to Russia.

    Trust a Russian as you would trust a Greek.

  9. Are they really spending that much? Maybe by buying up the islands.

    You best stick to being nice to the real spenders who don’t have an agenda….the English and/or anybody coming from the Western countries.

    Russians idea of vacation is taking over the tourist towns by opening up brothels, illegal mafia style trading & scaring off people with their arrogance. Believe it or not, they are much more arrogant than a Greek. Just look at some famous South East Asian tourist destinations where they have taken over. They don’t spend that much money as they don’t go to any restaurants….unless it’s a Russian restaurant owned by a …..Russian!!

  10. Well you better not trust Russia then, they recognise the name ‘Republic of Macedonia’

    Now, cry some more!

  11. The railroads go to Russia, the airports to Argentina and the Ports to China, everything else goes to Germany and Greeks pay the bill. In Samaras’ rush to fame or infamy, he should pause to think the cheap gas he is negotiating is an interim measure while selling off key infrastructure assets are permanent. The Russians do not want Greece to develop offshore reserves (yet unproven) and open a new energy source for the rest of continental Europe which is dependent in part on gas from Russia. This is horse trading at the most basic level leveraging Europe against Russia. Either way in the end Greece loses. I hope it doesn’t hurt his chances for a UN or EU appointment.


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