ATHENS – While Greek politicians squabble over who can – or can’t – form a coalition government in the wake of May 6 elections in which anti-austerity rage caused a fractured result, more than 1,000 businesses in Greece are closing up shop each week, victims of a deep recession caused by pay cuts, tax hikes and slashed pensions that have made many Greeks simply stop spending on anything than goods needed for their survival. Figures released by the National Confederation of Hellenic Commerce showed that retail sales during the Greek Easter period were down 18 to 21 percent in the...
