Endeavour Greece, an international nonprofit organization, studied 300 businesses in Greece from July 13-17 and found that 58% were influenced by capital controls. 60% noted a significant reduction to their sales with 18% of these businesses noting a drop larger than 50%.

A lucky 27% of businesses did not note any changes to sales with 4% of businesses noting an increase. 45% of business delayed payments to suppliers, and slightly less had problems paying wages. 46% of the Greek businesses participating in the study had accounts abroad, whereas 15% only accept cash. 11% were forced to freeze production as a result of capital controls.

“Many of these companies cannot import raw material or have access to foreign services and infrastructure,” the group said in a statement, adding that 23 percent “plan to transfer their headquarters abroad for security, cash flow and stability reasons.”

Noteworthy is the fact that 70% of businesses believe that capital controls will run for longer than 4 months.