Official: Greece can pay Wage, Pensions Next Week

The Greek government can make wage and pension payments next week with or without a deal with European creditors, the country’s economy minister told CNBC on Tuesday.

Giorgos Stathakis also said the country would request emergency aid of between 18 and 24 months with the European Stability Mechanism rescue fund on Wednesday.

Greek pensioners, already under pressure due to capital controls that limit their bank withdrawals, have been watching closely to see if the government could even make the next scheduled payment. Stathakis indicated it was possible.