1. Desperate

    Greek P.M.: ‘Cash Box Is Empty’

    A municipal worker shouts slogans during a demonstration outside the Parliament in Athens on October 3, 2012, two days after Greece's coalition government tabled a budget draft forecasting a sixth straight year of recession and spending cuts of nearly 8 billion euros in 2013 in order to unlock blocked EU-IMF loans.       AFP PHOTO / ARIS MESSINIS        (Photo credit should read ARIS MESSINIS/AFP/GettyImages)

    Aris Messinis, AFP / Getty Images

    Greek Prime Minister Antonis Samaras said Friday that his country needs the next block of international aid, warning that Greece cannot manage past November. Telling a German newspaper that “the key is liquidity,” Samaras said that “the next credit tranche is so important for us.” The Greek economy is hanging on by a thread, he said, and it can only last “until the end of November. Then the cash box is empty.” He also suggested various means of helping, saying the European Central Bank could lower interest rates on Greek debt holdings.

    Read it at Reuters