Greek state not facing a cash shortage: PM

Greece's Prime Minister Alexis Tsipras pays a visit to the European Commission in Brussels on March 13, 2015The Greek state is not facing a cash shortage, Prime Minister Alexis Tsipras insisted Sunday as his government braced for another week of pressing debt repayments. “There is absolutely no problem with liquidity,” Tsipras told reporters after a meeting Finance Minister Yanis Varoufakis. The denials came as Greece prepared to issue 1.0 billion euros ($1.1 billion) in three-month treasury bills on Wednesday to meet debt repayments. The government this week must repay over 900 million euros to the International Monetary Fund and redeem 1.6 billion euros in three-month treasury bills, To Vima weekly reported Sunday.

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