Bank closures a nightmare for business as Greeks face shortages
- 9 years ago
The decision by the Greek government to shut down the banks will have serious consequences for Greek business and trade.
The situation is a potential nightmare and complicates any kind of commercial exchange with the outside world and Greece needs to import or face shortages.
Kostas Mihalos is the President of the Chamber of Commerce in Athens: “The main worry is the everyday running of Greek business. We don’t have the right to carry out web transactions with foreign banks. Our economy does not have a broad production base and is not autonomous, so we need to import, there should be measures in place to allow enterprises to make transactions with foreign suppliers, so as not to block the supply chain.”
An eerie silence now pervades the usually hectic stock exchange in Athens.
Greek Banks And Stock Exchange ‘To Stay Shut’ – http://t.co/uxX4Mu6r1v— David Lyon (@DavidLyonFX) June 29, 2015
Kostas Botopoulos is the President of the Hellenic Capital Market Commission
“To regain
The situation is a potential nightmare and complicates any kind of commercial exchange with the outside world and Greece needs to import or face shortages.
Kostas Mihalos is the President of the Chamber of Commerce in Athens: “The main worry is the everyday running of Greek business. We don’t have the right to carry out web transactions with foreign banks. Our economy does not have a broad production base and is not autonomous, so we need to import, there should be measures in place to allow enterprises to make transactions with foreign suppliers, so as not to block the supply chain.”
An eerie silence now pervades the usually hectic stock exchange in Athens.
Greek Banks And Stock Exchange ‘To Stay Shut’ – http://t.co/uxX4Mu6r1v— David Lyon (@DavidLyonFX) June 29, 2015
Kostas Botopoulos is the President of the Hellenic Capital Market Commission
“To regain