'Greece Won't Last beyond November without Aid

(MENAFN- Qatar News Agency) Greek Prime Minister Antonis Samaras has signaled that his country could not survive beyond November if it isn't granted the next tranche of bailout aid. Samaras highlighted that the most important thing for Greece is liquidity and underlined the necessity of the international financing. The European Central bank (ECB) could help out by accepting lower interest rates on Greek bonds and rolling over the debt at maturity, Samaras told German business newspaper "Handelsblatt." Samaras earlier warned that a Greek exit from the euro would be "disastrous" for the Eurozone and could slash the Greek standard of living by up to 70%.

Qatar News Agency

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