Greece belongs to the Orthodox Economic Area (European Economic Area).
Greece became independent from the Ottoman Empire (Turkey) in 1830;
Greece, through the Roman empire, was the chrysalis of the Western Civilization.
Economy of Greece.
Greece is an advanced high-income economy (WB);
The Hellenic Republic has suffered a deep economic crisis since 2008, although everything seems to indicate that slowly begins to overcome its crisis;
Greece represents the 15th economy of the EU;
Greek GDP (nominal): 238,023 million dollars;
Services: 85%;
Industry: 12%;
Primary Sector: 3%.
Greek GDP per capita: 21,623 dollars;
Currency of Greece: Euro;
Greece is a member of the EU since 1981;
Greece receives about 15.5 million tourists a year;
The Greek merchant marine is the largest in the world (4.5% of Greek GDP, 15% of the global cargo capacity);
Other important Greek sectors are industrial production, foods, textiles, chemical products, mining and petroleum;
Headquarters of the European Centre for the Development of Vocational Training (Cedefop): Thessaloniki.
Greek Foreign Trade.
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;
Top Greek exports are petroleum, aluminum, electrical equipment, pharmaceutical products, plastics, vegetables, fruits;
Top Greek exports destinations are Italy, Germany, Turkey, Cyprus, Bulgaria;
The main Greek imports are petroleum, electrical equipment, pharmaceutical products, machinery;
Top suppliers of Greece: Germany, Italy, Iraq, China;
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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