2012-06-06businessinsider.com

Greece stands on the verge of an energy crisis caused not by lack of energy, but lack of money within the energy sector. This will become a common refrain throughout Europe and beyond in the coming months and years. Loss of liquidity has a cascading effect on supply chains, causing them to seize up.

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Greece is seeing a similar dynamic unfold in relation to pharmaceuticals. Reimbursement arrears from the public sector payment system are building up, pharmacies can no longer offer credit, and people are going to have to pay up front for medicines or go without. Many will be going without.



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