China asks for a 30% deposit to respond to Greek commercial orders

korkidis

Vassilios Korkidis

Giving an interview to euro2day.grPresident of the Hellenic Confederation of Commerce & Entrepreneurship Vassilios Korkidis outlines the dramatic status of the Greek economy. Discussing the problem of aspynxiation in the market he explains that the confidence of foreign producers has collapsed. In saying so, he clarifies that Southern states ask to be 100% paid before proceeding to production while Northern ones ask to be fully paid upon delivery. Only China is more felixible and asks for a 30% deposit to respond to Greek commerical orders.