The Atradius Payment Practices Barometer survey for Greece found that 30.1% of Greek respondents reported lost revenue as a result of late payments by B2B customers. To manage the impact of overdues, 24.1% of respondents needed to take specific measures to correct cash flow, and 18.1% needed to delay investments in property, plant, and equipment. Greece had the highest percentages of respondents who pointed to insufficient availability of funds as the main reason for payment delays. The proportion of uncollectables increased again in 2018 and remains the highest of the countries surveyed in the region. Top export sectors include mineral products, metals, foodstuff, chemicals, and vegetable products, with Italy, Germany, Cyprus, Turkey, and the US as top export destinations. Top import sectors include mineral products, machinery/electrical, chemicals, transportation, and metals, with Germany, Italy, China, Russia, and the Netherlands as top import destinations.
