PragueConnect.cz - Economy

PragueConnect.cz is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on PragueConnect.cz!

AMSPCR: Greek crisis endangers CZK 1bn in claim

Exports of Czech entrepreneurs to Greece do no reach 0.25% of the total exports and outages of supplies will not impact the economy at all. This stems from an analysis of impacts of the Greek crisi on the business environment processed by the Association of Small and Medium-Sized Enterprises and Crafts of the Czech Republic (AMSPCR). According to the analysis, some CZK 1bn in claims was in danger. The claims are related with payments from Greek banks. In terms of imports, importers are not in danger in terms of money, but supplies from the Greek part slow down, AMSPCR said.

Source: www.cianews.cz