Greek government raids public services – Blueprint Capital

FXStreet (Barcelona) - The Blueprint Capital FX Team notes that to remain afloat the Greek government has started to dig into public services for meeting its cash requirement.

Key Quotes

“The national health service and state-owned corporations have been asked to hand over cash to keep the government afloat.”

“Athens has a EUR1.7bn bill for wages and pensions due at the end of the month and a EUR450m loan payment for the IMF to pay on April 9. The events will add yet more importance to the upcoming talks between Greece and its creditors.”