ECONOMY

Russia pours cold water on hopes of help

Russia pours cold water on hopes of help

Russia is pouring cold water on the prospect that the so-called BRICS nations could help Greece financially at their summit this week.

Russian Economic Development Minister Alexei Ulyukaev told Russian media that the idea of providing any financial help to a non-BRICS member such as Greece is "premature and, it seems to me, not current."

The leaders of the BRICS countries – Brazil, Russia, India, China and South Africa – are due to meet in Russia this week.

Ulyukaev was speaking after a meeting of economic and trade ministers from the BRICS countries.

[AP]

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