Greece will begin debating measures to boost liquidity as thecash-starved country braces for more than 2 billion euros (US$2.12billion) in debt payments Friday.
Unable to access bailout funding and locked out of capitalmarkets, the government will outline emergency plans to parliamentlater Tuesday that includes incentives for tax delinquents to payup before March 27, when the government needs money for monthlysalaries and pensions.
Prime Minister Alexis Tsipras's government is burning throughcash while trying to get creditors—euro area member states, theEuropean Central Bank (ECB), and the International Monetary Fund(IMF)—to release more money from a 240 billion-euro bailoutprogram. Euro-area finance ministry officials will hold a callTuesday to discuss Greece's deteriorating finances, according totwo European officials who asked not to be identified because thetalk hasn't been publicized.
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