Reuters: Greek gov’t will run out of money by April 20

According to Reuters, citing an unidentified source familiar with the issue, unless the Greek government receives new aid from creditors, it will run out of money by April 20.

The same source explained that “although it will be difficult, Greece can make it without help until about the 20th of April by using the short-term borrowing from public entities”.

Furthermore, according to the same source, Athens hopes that if Eurozone FinMins approve the country’s latest reforms, then that would allow for the return of about 1.9 billion euros in profits made by the ECB on Greek bonds.

Finally, the source reportedly told Reuters that the Greek government expects the return of about 1.2 billion euros in cash left in the Greek bank bailout fund, which was taken back by the Eurozone last month.

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