Bailout agreement could help ailing Greek supply chains back to business as usual

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Greek importers have struggled to pay their bills in recent weeks as transport options have narrowed, a local forwarder told The Loadstar.

And with banks closed, those in the Greek supply chain have demanded to be paid in cash, said Pavlos Poutos, managing director of Marinair Cargo Services in Piraeus.

“The bank closures created problems in paying overseas partners and vendors, while at the same time vendors and partners started to ask for faster payments,” he explained.

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As a result, imports have fallen ...