Greece
Says Cash Reserves Almost Depleted
Greece
is fast running out of cash while it awaits the next tranche of its
130-billion euro ($165.16 billion) international bailout that is
keeping it afloat, a deputy finance minister said on Friday.
CNBC,
9
November, 2012
"The
situation with the state's cash reserves is borderline," Deputy
Finance Minister Christos Staikouras told a conference. "This
fact creates a condition of asphyxiation in the economy."
Athens
is considering rolling over 5 billion euros in treasury bills when
they mature next week due to a likely delay in receiving the 31.5
billion euro tranche, finance ministry officials told Reuters earlier
on Friday.
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