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Exact(19)
Officials had worried that widespread lay-offs in export businesses could lead to social unrest.
The Greek currency would have plunged in value, impoverishing Greeks who could no longer afford imported goods, but some export businesses would have boomed as their costs collapsed.
This would help to stimulate activity in northern Europe and might ease upward pressure on the euro, which has been uncomfortably strong for export businesses.
While export businesses have held up relatively well, weak domestic demand has dragged the economy as a whole into a shallow recession.
Communities all along the state's coastline have largely bounced back from the recession, some even prospering with high-tech and export businesses growing and tourism coming back.
Export businesses in fiercely competitive industries said that the cuts might erase already thin profit margins and imperil smaller manufacturers that are short of cash.
Similar(40)
Formerly in import and export business.
Ran Tunisia's lucrative tuna fishing and export business.
It was also a savvy business decision, and the start of a large export business.
(The Cavendish monopolises the export business but there are other varieties grown for domestic consumption).
Patsy Carney's generic pharmaceuticals export business, EirGen Pharma, has been thriving.
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