NEWS

Textile makers see thousands of job losses

Greek textile manufacturers yesterday warned that the abolition, in 10 days’ time, of import quotas could lead to thousands of job losses as local firms are forced to close down. Spokesman Eleftherios Kourtalis told a press conference that up to 10,000 textile workers could be laid off. He said that even without the January 1 lifting of restrictions on textile imports into the European Union, the sector was already reeling as a result of mass Third World imports – mainly from China – and illicit trade in textile goods. Kourtalis complained that matters had been exacerbated by suppliers of Chinese-made clothes winning armed forces contracts.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.