Delays in invoice payment show extent of cash shortage in market

By Dimitra Manifava Over 35 percent of invoices issued in domestic transactions among enterprises have gone unpaid despite the fact that Greece has the second longest credit period among 14 European countries at an average of 57.8 days, according to the latest Transaction Behavior Barometer by credit insurance company Atradius.Data show that about one-sixth (16.1 percent) of the value of ...

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