One Third Of Athens Businesses Shuttered

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“Greece’s deep recession has forced almost a third of businesses in the capital’s commercial district to close down as shrinking incomes and frequent strikes drive Athenians away.  Tens of thousands of small businesses, which make up a big chunk of the struggling economy, have shut since Greece secured a 110-billion-euro bailout package in 2010 in exchange for promises of painful austerity measures.  On the capital’s cobbled pedestrian shopping streets, long lines of shops are boarded shut while others have ‘Everything must go’ signs plastered across their windows.”

http://www.zerohedge.com/news/2012-09-25/one-third-athens-business-shuttered

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