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Current affairs: Greek companies defaulting on their payments
Thread poster: Roman Lutz
Roman Lutz
Roman Lutz  Identity Verified
Germany
Local time: 20:24
English to German
+ ...
TOPIC STARTER
Payment was effected after all Jul 13, 2015

Well, here is my update.

The company did in fact take precautions and made sure to have a bank account outside Greece in place from where it could transfer money to its vendors.

So today I received the money in full from a German bank. Fine with me, as long as payment happens quicker next time

It does seem that Greek companies like the one I am referring to, who I deem highly professional, ha... See more
Well, here is my update.

The company did in fact take precautions and made sure to have a bank account outside Greece in place from where it could transfer money to its vendors.

So today I received the money in full from a German bank. Fine with me, as long as payment happens quicker next time

It does seem that Greek companies like the one I am referring to, who I deem highly professional, have taken the appropriate measures to make sure their business keeps going (at least as far as they have control over it). ▲ Collapse
 
Thomas T. Frost
Thomas T. Frost  Identity Verified
Portugal
Local time: 19:24
Danish to English
+ ...
What I would expect Jul 13, 2015

That's what I would have expected from a professional agency. They should be able to run most of their business on non-Greek accounts.

It looks as if we're getting another Greek fudge, so the whole thing will probably start over again in a few months' time.
 
Dan Lucas
Dan Lucas  Identity Verified
United Kingdom
Local time: 19:24
Member (2014)
Japanese to English
Good result Jul 13, 2015

Roman Lutz wrote:
It does seem that Greek companies like the one I am referring to, who I deem highly professional, have taken the appropriate measures to make sure their business keeps going (at least as far as they have control over it).

Great to hear you got paid, and hopefully this means that other (similarly forward-thinking) Greek companies will be able to stay in business going forward.

Regards
Dan
 
Balasubramaniam L.
Balasubramaniam L.  Identity Verified
India
Local time: 00:54
Member (2006)
English to Hindi
+ ...
SITE LOCALIZER
Good for you Jul 13, 2015

Roman Lutz wrote:

Well, here is my update.

The company did in fact take precautions and made sure to have a bank account outside Greece in place from where it could transfer money to its vendors.

So today I received the money in full from a German bank. Fine with me, as long as payment happens quicker next time

It does seem that Greek companies like the one I am referring to, who I deem highly professional, have taken the appropriate measures to make sure their business keeps going (at least as far as they have control over it).


This company certainly deserves 5 stars on the blue board for doing the professionally right thing under trying business conditions.
 
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Current affairs: Greek companies defaulting on their payments







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