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Monday, June 29, 2015

Polarising effects of Greece bank closures felt by businesses

While shopkeepers, bar and restaurant owners struggle to make ends meet before banks reopen, supermarkets and petrol station owners see roaring trade“It’s been crazy today,” said the attendant reaching for the dispenser nozzle, as yet another car pulled into the forecourt of the little petrol station in the backstreets of northern Athens. “We haven’t stopped working. It’s been worse even than on Saturday.” Her problem on Monday may have been too many customers. But for Giorgos Chronopoulos, owner of the Eiyo sushi bar in well-off Erythrea, it was just the opposite. “So far today, my profits are down 30%,” he said. “On Sunday, they were 50% down and on Saturday 40%.” Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com