All eyes are focused on Europe, however the solution to the Greek crisis may come from the East after Sergei Katyrin, head of the Russian Chamber of Commerce and Industry said on Tuesday that Greece can join the BRICS once its economy accelerates. Brazil, Russia, India and China – BRICS – may be allies for Greece in the future, but will Greece meet the requirements?
The EU’s statsics office, Eurostat, recorded just 0.8% growth for Greece in 2014 and the country’s sovereign debt is 300 bln euros.