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More than half of small businesses saw turnover dive by at least 50 pct due to capital controls
Economyhalf of them used e-banking for their transactions with customers and suppliers, while 70 percent
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomymillion corresponding to more than 13 percent of total arrears. Arrears due to hospitals’ suppliers also
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Three months on from imposition of capital controls, some restrictions being relaxed
Economyand payment of: overdue bank loans, unpaid tax or social security contributions and suppliers. • Our
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General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln
EconomyMacroeconomy. Arrears due to hospital suppliers also recorded a marked rise by 572 million YtD to 1.18 billion
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Gas provides Greece, Cyprus and Israel chance to bolster ties
PoliticsForeign Policydue to its diplomatic row with Russia, one of its major fuel suppliers. The third is to extend
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Elektroniki’s bankruptcy reflects struggles of consumer electronics sector
EconomyFeaturesLast week, electronics retail chain Elektroniki Athinon declared bankruptcy, citing a combination of a drop in demand, the capital controls introduced last year and a lack of confidence in the Greek economy by foreign suppliers as causes. Those following the struggles of the company could see
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Lenders agree new loan disbursement, piecemeal approach to debt relief
PoliticsGreek Politicsoff its suppliers and others it owes money to. The money that will go towards covering debt
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First review completed but more prior actions lie ahead for Greece
EconomyProgrammeof court settlements. · Reforms in the gas market improving the access to many suppliers
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Pending pensions mount up, complicating fiscal effort
Economy). In addition, 1.2 billion is owed to private suppliers and more than 75 million to insured workers
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Marinopoulos travails point to wider difficulties for supermarket sector
EconomyFeaturessuppliers have meant that the supermarket’s shelves were often eerily empty. Products were pushed
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