Doing Business in Greece

EENI- School of International Business

Subject - Doing Business in Greece. Athens. Syllabus:

1. Introduction to the Hellenic Republic (the European Union)
2. The economy of Greece: The largest merchant marine in the world
3. Doing Business in Athens
4. Greek Foreign Trade
5. The Foreign Direct Investment (FDI) in Greece
6. Access to the Greek Market
7. Business Plan for Greece

The goals of the subject “Doing Business in Greece” are the following:

1. To analyse the Greek Economy and Foreign Trade
2. To evaluate the business opportunities in the Greek Market
3. To analyse the trade relations of Greece with the country of the student
4. To know the free trade agreements of Greece as a member of the European Union
5. To develop a business plan for the Greek Market

Description of the Subject: Doing Business in Greece

The Hellenic Republic (Europe)

1. Capital: Athens. Other important cities: Thessaloniki, Piraeus, Patras, Heraklion and Lárisa
2. Official Language: Greek
3. Area: 131,957 square kilometres
4. Population: 11 millions of people
5. Type of Government: Parliamentary Republic
6. Borders of Greece: Albania, Macedonia, Bulgaria and Turkey
7. Religion in Greece: Orthodoxy (Christianity)
8. Greece belongs to the Orthodox Civilisation (European Economic Area)
9. Greece became independent del Ottoman Empire (Turkey) in 1830
10. Greece, through the Roman empire, was the chrysalis of the Western civilisation

The Economy of Greece.

1. Greece is an advanced high-income economy (World Bank)
2. The Hellenic Republic has suffered a deep economic crisis since 2008 (reduction of 25 of the Greek GDP in five years), although everything seems to indicate that slowly begins to overcome its crisis
3. Greece represents the 15th economy of the European Union
4. The Greek GDP (nominal): 238,023 millions of dollars
   1. Services: 85 %
   2. Industry: 12 %
   3. Primary Sector: 3 %
5. The Greek GDP per capita: 21,623 dollars
6. Currency: Euro
7. Greece is a member of the European Union since 1981
8. Greece receives about 15.5 million tourists a year
9. The Greek merchant marine is the largest in the world (4.5% of Greek GDP, 15% of global cargo capacity)
10. Other important Greek sectors are the industrial production, foods, textiles, chemical products, mining and petroleum
11. Headquarters of the European Centre for the Development of Vocational Training (Cedefop): Thessaloniki

The Greek Foreign Trade.

1. Greece is the main actor in the Balkans, with strong investments in Albania, Bulgaria, Romania and Serbia. Many of these investments are made in the banking sector
2. Top Greek exports are the petroleum, aluminium, electrical equipment, pharmaceutical products, plastics, vegetables, fruits
3. Top Greek exports destinations are Italy, Germany, Turkey, Cyprus, Bulgaria
4. Main Greek imports are the petroleum, electrical equipment, pharmaceutical products, machinery
5. Top suppliers: Germany, Italy, Russia, Iraq, China
6. As a member of the European Union, Greece is the beneficiary of the Free trade agreements of the EU with South Africa, Mexico, the MERCOSUR, Chile, Colombia, etc

International economic relations of Greece

1. Adriatic-Ionian Initiative
2. Organisation of the Black Sea Economic Cooperation
3. International Chamber of Commerce
4. European Union
5. International Monetary Fund (IMF)
6. Organisation for Economic Cooperation and Development (OECD)
7. World Trade Organisation
8. Economic Commission for Europe (UNECE)
9. World Bank
10. Asia-Europe Economic Meeting (ASEM)
11. United Nations
12. Group of States of the Council of Europe Convention against the corruption (GRECO)
13. Organisation for Security and Cooperation in Europe (OSCE)
14. European Investment Bank (EIB)
15. European Bank for Reconstruction and Development
16. Regional Cooperation Council

Examples of the subject - Foreign Trade and Business in Greece: