Bayer boosts liquidity buffer to cover the impact of the euro zone debt crisis

摘要

Germany's Bayer has boosted its liquidity buffer to cover the impact of the euro zone debt crisis, which has left it with a significant amount of unpaid bills from clients in Italy, Spain and Portugal, according to Reuters. "At the moment our liquidity position is 3.8 bln euros (US$5.2 bin)," Bayer's Chief Financial Officer Werner Baumann was quoted by Boersen- Zeitung.