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After 4 years of not paying their bills I guess this was inevitable. Another peril of socialized medicine, when the government runs out of money everything collapses.
Well atleast for now patients can still get their medicine from Greek pharmacies that pay their bills.
Swiss drug giant Roche Holding AG has stopped delivering its drugs for cancer and other diseases to some state-funded hospitals in Greece that haven't paid their bills, and may take similar steps elsewhere, a stark example of how the European debt crisis that has jolted global financial markets is having a direct effect on consumers.
In Greece, Roche is boosting deliveries to pharmacies, which have paid their bills more reliably, Chief Executive Severin Schwan said in an interview on Friday. Patients at some hospitals now must take their prescriptions to a local pharmacy, and, in the case of intravenous or injected cancer drugs, bring them back to the hospital to be administered, he said.
Mr. Schwan said patients haven't been deprived of their medication as a result of the new measures, which he said Roche may need to adopt in Spain, as well. Some state-funded hospitals in Portugal and Italy have also fallen far behind on payments, he said.
There are hospitals "who haven't paid their bills in three or four years," Mr. Schwan said. "There comes a point where the business is not sustainable anymore."
No worries, I'm sure Obama is fashioning a bailout for them as we speak.
I don't know if you are saying this in jest but there is talk of a USA bailout of the Eurozone if things get progressively worse and Germany balks at extending more aid.
What people should realize is that this is likely to happen in the United States as well in the future. We are mirroring the excessive spending of European countries.
As they say.."money makes the world go round".
Don't pay your bills and the wheels stop moving.
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