By Harry Papachristou and Josie Cox THEBES, Greece/STUTTGART, Germany
THEBES, Greece/STUTTGART, Germany (Reuters) -Petzetakis likes to call itself the first Greek multinational. The company began making plastic pipes and hoses in the early 1960s and grew steadily over the next couple of decades, opening a plant in Portugal and pushing into Germany. Proud of its role as a pioneer, the firm dreamed of bigger things.
Opportunity came when Athens joined the euro at the turn of the millennium. Like other Greek companies, Petzetakis feasted on the easy credit that was suddenly available to it, snapping up smaller rivals around the world.