Jun
24
Businesses Worry About Shouldering Burden of Greek Debt
By
Eirini Vourloumis for The New York Times
THESSALONIKI, Greece — Thanos Tziritis, the chief executive of Greece’s largest building materials company, is proud of how his business survived the worst depression in the nation’s modern history.
After his home construction market virtually disappeared, Mr. Tziritis steered his company, Isomat, into a new export business, booking a healthy profit that was only slightly lower than in 2013.
But with Greece virtually broke, the government is now looking to that profit — and any spare cash at companies and municipalities — to fill the financial gap…
Businesses Worry About Shouldering Burden of Greek Debt
