Greece on Wednesday raised 1.3 billion euros ($1.47 billion) in three-month treasury bills at higher interest in an ongoing scramble for cash.
The country's debt agency said it had accepted the entire amount offered by creditors, paying 2.7 percent compared with 2.5 percent in an equivalent sale a month earlier.
Greece needs to find some 6.0 billion euros this month to repay maturing treasury bills and loans from the International Monetary Fund.
The new radical left government elected in January on an anti-austerity platform has received no money from Greece's outstanding EU-IMF bailout because it is still in negotiations with the country's international creditors on a new loan deal.
With tax revenue lagging behind, the government has looked at borrowing money from state pension funds and EU farm subsidy payments to keep up with its debt obligations.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soonMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor