According to preliminary estimates, over 8,500 companies and 20,000 jobs are expected to close down by the end of the year, but recent analyses show the numbers might go even higher
The continuing delays in revenues, the rising sovereign debt and the exhaustion of all treasury stocks clearly outline the country’s economic plight and its budget failure.
At the same time, Greek Minister of Economy George Stathakis states that the government has deliberately failed to make the payment, although it has the required 300 million euro.
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