A woman looks a front store as a worker paints the wall of a shop in the northern Greek port city of Thessaloniki, Wednesday, June 10, 2015. (AP Photo/Giannis Papanikos)
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When construction of four 6.5 billion euro toll roads across Greece resumed last year, Greek and foreign businesses rejoiced.Last year, work resumed after the Greek government paid part of a fine to contractors for the four-year delay.Paul Arnaoutis, whose firm sells imported medical supplies to Greek hospitals, has been waiting four months to be paid 1.3 million euros the state owes, nearly as much as his company's entire 2014 sales of 1.7 million.Until last year, his Chinese suppliers gave credit for 30-60 days. According to Greece's retailers association, about 59 businesses close down and some 613 jobs are being lost each day.Last year, as Greece neared the end of its 240 billion euro bailout and fixed its finances, the economy emerged from a six-year recession.Greece risks losing EU co-financing earmarked for smaller infrastructure projects as part of a 2007-2013 EU funding program unless it finds its share of cash for the projects by the end of the year, Sirianos from the Greek construction firms' association said.
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