Greece runs out of funding options despite euro zone reprieve

vendredi 27 février 2015

A man feeds pigeons in front of the parliament building in Athens BRUSSELS/ATHENS (Reuters) - Greece is running out of options to fund itself despite a four-month bailout extension, raising pressure on Athens to quickly implement reforms it has vocally opposed or default on debt repayments in a matter of weeks. Shut out of debt markets and faced with a steep fall in tax revenues, Athens is expected to run out of cash by the middle or end of March. Its finance minister has warned that Greece will struggle to repay creditors starting with a 1.5 billion euro IMF loan repayment due in March. Athens has been looking for quick fixes to tide it through the coming weeks but has not found one yet.








via Business News http://ift.tt/1ARgyw7

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