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GREECE/
RTR3BKKF
14 Dec. 2012
Signs read "for rent" on the window of the historic... more
GREECE/
RTR3BKKF
14 Dec. 2012
Athens, Greece
Signs read "for rent" on the window of the historic "Anagnostopoulos" clothes shop in a shopping arcade in central Athens December 14, 2012. The shop closed last April after struggling from financial problems for over a year leading it's over fifty employees to unemployment. In the city's commercial triangle, where generations of merchants have run successful businesses, a 2012 census by retail lobby group ESEE found that 31 percent of shops had closed. ESEE head Vassilis Korkidis said that 68,000 businesses in Greece had pulled down their shutters since the beginning of 2011, with most closures driven by high rents and a fall in the purchasing power of consumers due to wage and pension cuts. REUTERS/Yannis Behrakis (GREECE - Tags: BUSINESS)
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