Greek importers begin to feel the squeeze
July 04, 2015 at 16:36 PM EDT
Capital controls in Greece don’t appear yet to have significantly curbed the country’s imports—amounting to about $64 billion a year—especially that of essential items like food, drugs and fuel. That is thanks to safety valves long in place amid years of economic strain here. But for nonessential goods, in particular luxury items, Greek importers are starting to feel the squeeze.