Greece Runs Out Of Cash By April 20 Without New Aid: Report
Greece will run out of cash by April 20 unless it receives an infusion of fresh aid from its international creditors, Reuters reported Tuesday, citing an unidentified source. The report said Greece can continue to meet obligations until that date via short-term borrowing from state entities. The report contributed to a pullback by the euro , which traded at $1.0901, down from $1.0946 in North American trade late Monday. News reports said the Greek government is prepared to present a revised list of reform measures to its eurozone partners no later than Monday.
Copyright © 2015 MarketWatch, Inc.