Eurozone Bailout Fund
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Greece to Run Out of Cash By End-March Without New Aid: Source
Greece is burning through its cash reserves and will not be able to meet payment obligations beyond the end of March at the latest, unless it secures additional funds from its creditors, a person familiar with the figures told Reuters on Wednesday.
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S&P downgrades eurozone bailout fund to AA+
The downgrade follows ratings cuts for AAA-rated France and Austria, whose financial guarantees were key to the creditworthiness of the European Financial Stability Facility.
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Greece to Run Out of Cash By End-March Without New Aid: Source
Greece is burning through its cash reserves and will not be able to meet payment obligations beyond the end of March at the latest, unless it secures additional funds from its creditors, a person familiar with the figures told Reuters on Wednesday.
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S&P downgrades eurozone bailout fund to AA+
The downgrade follows ratings cuts for AAA-rated France and Austria, whose financial guarantees were key to the creditworthiness of the European Financial Stability Facility.
