Rumours of Russian and Chinese interest in Greek assets.

by | Apr 25, 2010 | Economic Intrigue, Just plain weird

Zero Hedge has an interesting rumour on why the Greek government is trying to move quickly to an IMF led bailout :

Supposedly written by someone in the upper ranks of the Greek government, who will reveal himself when he resigns over this matter in the coming week.

He alleges G-Pap is rushing to get a deal involving the IMF because the Russians were about to offer a 50 billion euro, no-strings-attached (*ahem*) 4% loan package to Greece. Furthermore, the Chinese were showing interest in purchasing ΟΣΕ, the Greek national railroad, a real bleeder for Greek public finances, as part of a 60 billion euro European shopping-spree package.

G-Pap is trying to avoid going this route, and trying desperately to include the IMF in any final aid package, because his allegiance, like his father and grandfather before him, is to the U.S.

The person alleging this information was supposedly involved in the actual meetings in which these decisions were made. If this turns out to be true, and makes headlines, expect serious social unrest and possibly the Greek government to fall in short order.

One to look out for in the news this week I think.

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