More bleak predictions for Greece today.
The Greek government is teetering on the edge of bankruptcy and the National Health service, for example, could all come crashing down at any minute. The Greek government owes billions to medical suppliers, pharmacists and doctors and these bills are going unpaid. Doctors and pharmacists have threatened to cut off services and supplies to patients under the National Health scheme until their bills are paid, and their actions in recent months have included strikes and the withdrawal of some services. Medical suppliers remain unpaid from state hospitals and some of these businesses may be forced into bankruptcy as banks have started cutting off loans, refusing to lend on the back of Greek government debts to companies, seeing the government as uncreditworthy.
It's not just the health sector that is affected of course, recent strikers include many unpaid teachers, lawyers and tourism workers. While on the one hand Greeks are worrying about the coming tourism season and drop in tourist arrivals, on the other staff at the Acropolis in Athens have closed the site with a series of strikes demonstating against pay delays and job cuts, ensuring even fewer visitors and a decline in tourist confidence in the country.
Holiday bookings -- mainly from Britain, Germany and, lately, also eastern Europe - are already down about 15 to 20 percent from 2008, according to the Pan-Hellenic Federation of Tourism Enterprises (POET).
Articles:
Suffocated by Debt
Greece frets for tourist season
Wednesday, 8 April 2009
Bleak predictions for Greece bankruptcy and tourism woes
Posted by
Carolina
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16:29
Labels: bankruptcy greece, greece, tourism greece 2009
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