Business Opportunities in Greece Developed by Trade Mission PDF Download

Author: United States Foreign Commerce Bureau
Publisher:
ISBN:
Category :
Languages : en
Pages : 9

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Author: U. S. Department U.S. Department of Commerce
Publisher:
ISBN: 9781502312389
Category :
Languages : en
Pages : 152

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Greece finds itself in one of its most challenging economic periods in recent history. The global financial crisis has exposed and exacerbated fiscal and other structural weaknesses in the Greek economy that led to a ballooning fiscal deficit estimated at 15.4 percent of GDP in 2009, compared to the E.U. ceiling of three percent, and one of the highest levels of public debt in the Eurozone. Compounding its economic problems, Greece has a history of other business challenges such as high levels of corruption and tax evasion, and very low levels of business transparency. To address its economic crisis, Greece has received loans from the European Central Bank and the International Monetary Fund (IMF) and has instituted a number of austerity measures and reforms in compliance with the loan stipulations. Implementation of these measures has been challenging, with frequent strikes and other forms of social unrest. The Greek government continues to institute changes and is confident that Greece can weather this storm. While unemployment remains high (around 13 percent), consumption has dropped and consumer confidence has declined. Some success has been attained, most notably a drop in the deficit to 9.6 percent of GDP. In spite of the market challenges, many U.S. companies have been quite successful in the Greek market. Key to successfully doing business in Greece is conducting due diligence and partnering with a local representative, and there are many effective Greek companies assisting U.S. firms in this market. U.S. products are viewed favorably in Greece for their innovation and quality, and despite stiff competition from the E.U. and Asia, are ubiquitous in this market.

Author: United States. Bureau of Foreign Commerce (1953- )
Publisher:
ISBN:
Category :
Languages : en
Pages : 9

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Author: USA International Business Publications
Publisher:
ISBN: 9780739747674
Category : Business & Economics
Languages : en
Pages : 360

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Author: IBP USA
Publisher: Lulu.com
ISBN: 1438772203
Category : Business & Economics
Languages : en
Pages : 282

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Business in Greece for Everyone: Practical Information and Contacts for Success

Author: International Business Publications Staff
Publisher:
ISBN: 9780739776421
Category : Business & Economics
Languages : en
Pages : 350

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Author: IBP, Inc.
Publisher: Lulu.com
ISBN: 1514528290
Category : Business & Economics
Languages : en
Pages : 319

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Greece Investment and Business Guide Volume 1 Strategic and Practical Information

Author: IBP USA Staff
Publisher:
ISBN: 9781433020391
Category : Business & Economics
Languages : en
Pages : 300

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Greece Business and Investment Opportunities Yearbook

Author: IBP USA
Publisher:
ISBN: 9781438776804
Category : Business & Economics
Languages : en
Pages : 300

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Greece Business and Investment Opportunities Yearbook Volume 1 Strategic Information and Opportunities

Author: IBP. Inc. USA
Publisher:
ISBN: 9781433083457
Category : Literary Collections
Languages : en
Pages : 150

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Greece: How to Invest, Start and Run Profitable Business in Greece Guide - Practical Information, Opportunities, Contacts