The economic crisis in Greece created deep national divides but it’s not the Greek people’s fault, it’s the fault of the way the European elites have obfuscated the real issues at hand, professor of sociology Costas Panayotakis, told RT.
Ahead of the landmark BRICS/SCO summits in Russia’s Ufa, Putin's top aide Yury Ushakov speaks to RT, Vesti and RIA on the key topics of the forums’ agendas, including the BRICS New Development Bank, Iran joining SCO, and crises in Greece and Ukraine.
The issue of Greece joining the BRICS bank hasn’t been officially discussed, one of President Putin’s top aides Yuri Ushakov told RT, Vesti and Ria, commenting on media reports that Athens had been invited to join the institution.
With the current world bank system having been established a while ago, time has come for new financial institutions to be developed globally, South Africa's President Zuma told RT. BRICS and its New Development Bank is one of such alternatives, he said.
In five months of being Greek Finance Minister, Yanis Varoufakis proved himself to be a tough negotiator who was not going to concede even a bit to Greece’s creditors, as well as a political ‘rock star’ who wins hearts and minds from atop his motorcycle.
After Sunday’s referendum it is still unclear whether Greece will stay in the euro, how negotiations with the creditors will proceed, and how Varoufakis' resignation will affect the talks. RT asked experts about possible outcomes.
The BRICS countries may sign an agreement on economic integration in the next 5 years, says Russia’s Deputy Economic Development Minister Alexei Likhachev. Russia will offer a ‘road map’ at the BRICS summit in Ufa this week, he said.
European Parliament President Martin Schulz believes the Ukrainian president’s desire for the country to join the EU in just five to six years is “rather ambitious.” Petro Poroshenko, however, believes the country will have met the entry criteria by then.