1. Introduction The economic cooperation between Russia and European Union Member States is characterized not only by a close interdependence due to their history and geographical proximity, but also by opposition of their international positions, impeding implementation of mutual economic interests because of a tense political situation in recent years. Intensive integration processes in Europe, observed since establishment of European Union, are displaced by centrifugal processes in recent years. Though, European Union is still most successful monetary integration with population of about 510 million people (as for January 2016) (5). The Russian Federation, in its turn, carries out international integration policy through implementation of Eurasian Economic Community and creation of initiatives to strengthen cooperation with Asian countries and Arab States. However, mutual sanctions, operating more than two years, are not conducive to mutual beneficial cooperation and set a negative vector of development. The Hellenic Republic, as a member of EU, has to adhere to a common foreign policy of association. Despite fact that Greece is a sovereign country (Thalassinos et cd., 2006; Thalassinos et cd., 2015a; Thalassinos et ed., 2015b; Thalassinos and Stamatopoulos 2015; Thalassinos, 2008) right to conduct a multifaceted foreign policy and to play a geopolitical role is restricted by a huge debt to external creditors. But, realizing lack of prospects for further trade and economic confrontation, its leaders are increasingly in favor of stopping sanctions and cooperation with Russian state. This fundamental position of Greek government on issue of cooperation with Russia is due to inextricable links of two countries in historical, spiritual, economic and social spheres over centuries. Relations between Russia and Greece have always been friendly and mutually beneficial; this is primarily due to lack of fundamental differences between two countries. They were united and are still united by common historical memory and cultural heritage, which stimulates initiatives both from Russian and from Greece. Special role in Russian-Greek relations have played development of direct links with Black Sea regions of Russia -these are places of residence of representatives of Greek Diaspora. Greece occupies a special position in Russian foreign policy and according to Russian Foreign Minister Sergey Lavrov in world, as he says, there are few other countries, that are so closely related as Russia and Greece, with such a long history of sincere friendship (6). In addition Greece is only NATO country to actively develop military-technical cooperation with Russia. Year 2016 is a cross-year for Russian-Hellenic culture and heritage and as Prime Minister of Greece A. Tsipras characterized his visit to Russia as the beginning of a new spring in relations between Athens and Moscow. In May 2016 a joint declaration for an effective Government Partnership between two countries was signed. It declares modernization, according to which willingness to contribute to creation and promotion on market of modern competitive products and encouraging mutual investments in innovative technologies, elimination of barriers and constraints to free and cost-effective sharing of results with activities, improving business environment in a fair, prompt and constructive dialogue between business communities and public authorities of two countries. Also a memorandum of understanding on inter-regional cooperation between Russian Ministry of Economic Development and Ministry of Foreign Affairs of Greece was adopted. The parties signed a road map of Russian-Greek relations in field of agriculture, adopting a tourism program of mutual actions for next three years, including contributing to speedy changes from agreement signed in May 25, 2006 between Russian Federation and European Community on facilitation of visas issuance to citizens of these countries, promoting dialogue on establishing visa-free travel for them. …
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