Greece Could Run Out of Cash, Leader Warns (Reuters)

Greek Prime Minister says country can’t manage past November without next installment of aid.

The prime minister of Greece has warned that the country could run out of money later this year, Reuters reports.

Antonis Samaras told the German newspaper Handelsblatt that the country couldn’t manage past November unless it gets the next installment of international aid. Samaras said the European Central Bank could give Greece a hand by letting the country pay it lower interest on the Greek debt it holds, or by letting Greece roll over that debt when the bonds mature.


See the full story here.



Advertisement. Closing in 15 seconds.