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Greece grabs cash as debt payments loom

By Bloomberg | China Daily | Updated: 2015-03-18 09:05

Greece will begin debating measures to boost liquidity as the cash-starved country braces for more than 2 billion euros ($2.12 billion) in debt payments on Friday.

Unable to access bailout funding and locked out of capital markets, the government was due to outline emergency plans to parliament on Tuesday to increase funding.

Payments due on Friday include interest on a swap originally arranged by Goldman Sachs Group Inc, said a person familiar with the matter who asked not to be identified publicly.

Greece grabs cash as debt payments loom

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