Not up to Promethean Standards: Greece’s Pharmaceutical Supply Chain is Worryingly Weak
JULY 10, 2015
Greece’s supply chain problems stem from the fact that Greek businesses rely heavily on imports that they no longer have funds to purchase. Goods like olive oil and Greek wine are being held up by suppliers, who would rather keep their inventory and wait until they can be paid in cash. Sales in Greece are down 20 - 25%, according to the Economist, which could lead to further unemployment if the low numbers persist. source: It Makes Sense Blog.