BRUSSELS, June 30, 2015-

Capital controls imposed in Greece until July 7 and fears that the country may default and exit the eurozone have sent shock waves across paper companies operating there.

The high level of uncertainty over Greece's future in the eurozone and the solutions proposed to pull the country out of its debt crisis have kept European industry players on edge the last few days, forcing them to continuously monitor the state of things with their local representatives, industry sources polled by RISI said. Many firms have either frozen their business activity or switched to wait-and-see mode for at least the next six days. For companies with no exposure to Greece, though, the impact will either be quite limited or non-existent, market players reckoned.

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