Greece will run out of cash in November without the next tranche of bailout fund, Prime Minister Antonis Samaras said in an interview with German business daily Handelsblatt.
According to an interview published by the business daily on Friday, Samaras said the European Central Bank should consider accepting lower interest rates on Greek debt holdings or rolling over its debt holdings to give more time.
Further, he suggested that Greek banks could be recapitalized directly through the European Stability Mechanism (ESM).
The International Monetary Fund has no fixed timeline for the troika report on Greece, IMF External Relations Department Director Gerry Rice yesterday said.
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