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Greece scrapes bottom of barrel in hunt for cash to stay afloat
Greece will need to tap all the remaining cash reserves across its public sector - a total of 2 billion euros (1.43 billion pounds) - to pay civil service wages and pensions at the end of the month, according to finance ministry officials. Barring a last-ditch deal with its creditors, that would leave no money to repay the International Monetary Fund almost 1 billion euros due in the first half of May. Athens' scramble for basic funds shows how extreme the financial constraints on Greek Prime Minister Alexis Tsipras have become as he tries to convince sceptical foreign creditors to extend his country new financial ... (full story)
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