Business in Greece

The goals of the subject “International Trade and Business in Greece” are the following:

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

The Subject “Foreign Trade and Business in Greece” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: European Business, World Trade.

Masters: International Business, Foreign Trade.

Languages: + Grecia Grece Grécia.

1. Credits of the Subject “International Trade and Business in” Greece”: 1 ;
2. Duration: one week.

Greek Preferential Access and Free Trade Agreements:

1. Greece and the European Economic Area / Orthodox Economic Area;
2. The EU
   1. As a member of the EU, Greece is a beneficiary of the EU Trade Agreements;
   2. European Single Market;
   3. The EU Services Directive;
   4. European Digital Single Market;
   5. Economic and Monetary Union;
   6. European Customs Union.
3. Adriatic-Ionian Initiative;
4. Black Sea Economic Cooperation;
5. Regional Cooperation Council.

1. WTO
   1. GATS;
   2. Agreement on Sanitary and Phytosanitary Measures;
   3. Agreement on Technical Barriers to Trade;
   4. Agreement on Preshipment Inspection;
   5. Agreement on Safeguards;
   6. Trade Facilitation Agreement.
2. WCO
   1. Kyoto Convention.
3. Convention on the Harmonization of Frontier Controls of Goods;
4. Rotterdam Rules;
5. CMR Convention;
6. COTIF Convention;
7. BIC;
8. Chicago Convention (ICAO);
9. IMO
   1. Convention for Safe Containers;
   2. Istanbul Convention.
10. IRU
    1. TIR Convention.
    Customs Convention on Containers - not a member;
11. ICC;
12. ICS;
13. CIM / CIT Rules.

European Trade and Economic Organizations of Greece

1. The EU
   1. EIB;
   2. EBRD;
   3. Group of States of the European Council Convention against Corruption.
2. OSCE;
3. UNECE.

1. UN
   1. UNCTAD;
   2. ITC;
   3. UNCITRAL;
   4. WIPO.
2. OECD
   1. OECD anti-corruption measures.
3. WB;
4. WTO;
5. IMF;
6. Asia-Europe Meeting;

The Hellenic Republic (Europe).

1. Capital of Greece: Athens;
2. Other important cities: Thessaloniki, Piraeus, Patras, Heraklion and Lárisa;
3. Official Language of Greece: Greek;
4. Area of Greece: 131,957 km²;
5. Greek Population: 11 million people;
6. Type of Government: Parliamentary Republic;
7. Borders of Greece: Albania, Macedonia, Bulgaria and Turkey.

Religion in Greece: Orthodoxy (Christianity)

Greece belongs to the Orthodox Economic Area (European Economic Area).

1. Greece became independent from the Ottoman Empire (Turkey) in 1830;
2. Greece, through the Roman empire, was the chrysalis of the Western Civilization.

Economy of Greece.

1. Greece is an advanced high-income economy (WB);
2. The Hellenic Republic has suffered a deep economic crisis since 2008, although everything seems to indicate that slowly begins to overcome its crisis;
3. Greece represents the 15th economy of the EU;
4. Greek GDP (nominal): 238,023 million dollars;
   1. Services: 85%;
   2. Industry: 12%;
   3. Primary Sector: 3%.
5. Greek GDP per capita: 21,623 dollars;
6. Currency of Greece: Euro;
7. Greece is a member of the EU 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 the global cargo capacity);
10. Other important Greek sectors are industrial production, foods, textiles, chemical products, mining and petroleum;
11. Headquarters of the European Centre for the Development of Vocational Training (Cedefop): Thessaloniki.

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 into the banking sector;
2. Top Greek exports are petroleum, aluminum, electrical equipment, pharmaceutical products, plastics, vegetables, fruits;
3. Top Greek exports destinations are Italy, Germany, Turkey, Cyprus, Bulgaria;
4. The main Greek imports are petroleum, electrical equipment, pharmaceutical products, machinery;
5. Top suppliers of Greece: Germany, Italy, Iraq, China;
6. As a member of the EU, Greece is a beneficiary of the EU trade agreements with South Africa, Mexico, MERCOSUR, Chile, Colombia...

(c) EENI Global Business School (1995-2023)
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