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Goods shortages in Greece loom as insurers decline contracts

By Agencies in Athens | China Daily | Updated: 2012-06-08 08:15

Goods shortages in Greece loom as insurers decline contracts

A statue of the Greek goddess Athena and the country's national flag at Athens University. Greece's unemployment rate increased to 21.9 percent in March, up from 21.4 percent in February, the country's statistics agency said on Thursday. Kostas Tsironis / Bloomberg

Greece may face shortages of imported food and drugs after trade-credit insurers announced they won't cover new contracts because of concern about a possible default or euro exit.

Goods shortages in Greece loom as insurers decline contracts

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