Greece will begin debating measures to boost liquidity as the cash-starved country braces for more than 2 billion euros (US$2.12 billion) in debt payments Friday.
Unable to access bailout funding and locked out of capital markets, the government will outline emergency plans to parliament later Tuesday that includes incentives for tax delinquents to pay up before March 27, when the government needs money for monthly salaries and pensions.
Prime Minister Alexis Tsipras's government is burning through cash while trying to get creditors—euro area member states, the European Central Bank (ECB), and the International Monetary Fund (IMF)—to release more money from a 240 billion-euro bailout program. Euro-area finance ministry officials will hold a call Tuesday to discuss Greece's deteriorating finances, according to two European officials who asked not to be identified because the talk hasn't been publicized.
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