Russia Invites Greece to Be Sixth Member of BRICS New Development Bank

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Russia Invites Greece to Be Sixth Member of BRICS New Development Bank

Post  Sirop14 on Tue May 12, 2015 8:32 am

Russia Invites Greece to Be Sixth Member of BRICS New Development Bank

Greek Prime Minister Alexis Tsipras thanked Russian Deputy Finance Minister Sergei Storchak for the invitation and said Greece is interested in the offer. The bank is expected to be one of the largest financial institutions to fund various infrastructure projects in the BRICS countries and emerging economies.


Putin Urges Development of BRICS to Boost Economies of Russia, South Africa
Greek Prime Minister Alexis Tsipras on Monday held a telephone conversation with Russian Deputy Finance Minister Sergei Storchak.
During the conversation, Storchak invited Greece to become the sixth member of the New Development Bank of BRICS countries, Greece's Syriza party reported on its website.



Read more: http://sputniknews.com/business/20150511/1022006611.html#ixzz3ZuYZ7vXM

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'Happy surprise' as Greece receives invitation to join BRICS bank

Post  Sirop14 on Tue May 12, 2015 4:12 pm

'Happy surprise' as Greece receives invitation to join BRICS bank

Greece has been invited to become a member of the development bank of the BRICS economies, including Russia and China, which is seeking to become a counterweight to the IMF, a move welcomed by Prime Minister Alexis Tsipras as "a happy surprise".

Greece has been invited to become a member of the development bank of the BRICS economies, including Russia and China, which is seeking to become a counterweight to the IMF, a government source said on Monday (11 May).

The invitation came during a telephone conversation between Greek Prime Minister Alexis Tsipras and Russia's deputy finance minister Sergei Storchak, the government source said in a note to the media.

http://www.euractiv.com/sections/euro-finance/happy-surprise-greece-receives-invitation-join-brics-bank-314514

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Greece to Escape West’s Chokehold by Joining BRICS Bank – European Lawmaker

Post  Sirop14 on Wed May 20, 2015 6:41 pm

Greece to Escape West’s Chokehold by Joining BRICS Bank – European Lawmaker

Last week, Russia invited Greece to become the sixth member of the BRICS New Development Bank.
Daria Chernyshova — Greece could climb out of the debt hole created for it by International Monetary Fund (IMF) and the World Bank if it accepts Russia’s proposal to join the BRICS New Development Bank (NDB), Sofia Sakorafa, a member of the European Parliament from the Greek ruling Syriza party, told Sputnik.

http://www.hellenicshippingnews.com/greece-to-escape-wests-chokehold-by-joining-brics-bank-european-lawmaker/

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BRICS to establish new multi-currency financial order – experts to RT

Post  Sirop14 on Sat May 23, 2015 7:53 pm

BRICS to establish new multi-currency financial order – experts to RT
RT - ‎May 22, 2015‎
The new BRICS initiatives break the monopoly of existing western institutions over the financial order – a very important symbolic change, as it's the first time a global financial institution is led by developing countries, said experts to RT. “If the ...

http://rt.com/business/261289-brics-new-development-bank/

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