Greek PM says country's till will empty by end-Nov

Greece will run out of money at the end of November if it doesnt receive the next planned installment of its bailout loans, the countrys prime minister has said.Prime Minister Antonis Samaras said hes confident that the money will arrive on time, but in an interview with the German daily Handelsblatt published Friday warned that it is very difficult to make further cuts to pensions and wages that the countrys debt inspectors are seeking.Greece has relied on bailouts from increasingly impatient international creditors since May 2010. In return, it imposed a punishing austerity program, repeatedly slashing incomes, hiking taxes and raising retirement ages.Officials from the European Commission, International Monetary Fund and European Central Bank the so-called troikaare currently in Greece assessing the countrys progress in fulfilling the terms for receiving the aid.If their report doesnt clear the way for the payment of the next €31 billion ($40 billion) tranche of the countrys bailout, Greece could be forced to default on its debts and perhaps leave the euro. Its unclear when a decision will come.Asked how long Greece can hold out without that payment, Samaras was quoted as saying: Until the end of November. Then the till will be empty.Samaras said Greece is pressing ahead with budget consolidation, working on speeding up privatization and trying to attract foreign investors. But he conceded that there are difficulties in negotiations with the troika.The troika is demanding above all further cuts to pensions and wages. That is very difficult, because we are already bleeding, he said.Theexisting cuts already go to the bone. We are at the limit of what we can expect of our population.The conservative Samaras leads a three-party coalition government that was put together after two elections earlier this year.People know that this government means Greeces last chance, the prime minister was quoted as saying. We will make it. If we fail, chaos awaits us.