"All employees of the super market chain, which counts some 150 stores country-wide, get paid irregularily, she explains.
"Things took a turn for the worse about a year ago. At first we were paid with a month's delay, we didn't complain much. Then the (unpaid) sums accumulated."
In May, already three months in arrears, the company asked employees to accept half their salaries in 20-euro vouchers to be used in the super market.
"They think I will pay my taxes with flour and sugar,» Zarkamela said." (bold added).
You don't get barter because real wages are too high, or because real interest rates are too high, or because real exchange rates are too high, or because there's been a negative productivity shock. You get barter because the quantity of medium of exchange is too low. You get barter because there's an excess demand for the medium of exchange, so the deal is: "I will only buy from you if you buy from me, so we don't need to use a medium of exchange to trade with each other".
(I have stopped blogging about the Eurozone, because I don't have anything to say that others aren't saying better than I could. But I am still watching it, and still pessimistic, even though my earlier pessimism was premature.)