HOME ABOUT CONTACT LOGIN SUBSCRIPTION
30 July 2010 GREECE - BACKGROUND
                Translate to
Login
Logged user:
John Hamlin
Logout
BACKGROUND
Background
Geography
People & Climate
Culture & History
Life & Health
Education & Learning
History Timeline
News & Features
World Service
GOVERNMENT
Government & Politics
US Embassies
Economy
Economics
Foreign Policy & Aid
Trade Policy
Environment
Environmental Agreements
ECONOMIC SECTORS
Banking & Finance
Communications
Energy
Food & Agriculture
Industry & Technology
Science & Nature
Natural Resources
Transportation
RESEARCH DATA & STATS
Country Comparisons
International Issues
IMF Reports
Industry Reports
World Affairs
Market Data
UN Trade Stats
UNCTAD/WTO Stats
Stats - Graphs
OPPORTUNITIES
Business Opportunities
Trade Opportunities
Exports
Imports
Trade Performance
Trade Statistics
Research
Survey
HELP & GUIDANCE
Business
Trade
Model Contracts, Rules

Return to COUNTRY PROFILES


Government Type parliamentary republic; monarchy rejected by referendum 8 December 1974
Legal System based on codified Roman law; judiciary divided into civil, criminal, and administrative courts
Currency euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries
Economic Overview Greece has a mixed capitalist economy with the public sector accounting for half of GDP and with per capita GDP 70% of the leading euro-zone economies. Tourism provides 15% of GDP. Immigrants make up nearly one-fifth of the work force, mainly in menial jobs. Greece is a major beneficiary of EU aid, equal to about 3.3% of GDP. The economy has improved steadily with economic growth averaging 4% since 1997, exceeding EU growth by more than 1 percentage point. Major challenges remaining include the reduction of the public debt, inflation, and unemployment, and further restructuring of the economy, including privatizing several state enterprises, undertaking serious reforms, and minimizing bureaucratic inefficiencies.
Natural Resources bauxite, lignite, magnesite, petroleum, marble, hydropower potential
Primary Industries tourism; food and tobacco processing, textiles; chemicals, metal products; mining, petroleum
Agricultural Products wheat, corn, barley, sugar beets, olives, tomatoes, wine, tobacco, potatoes; beef, dairy products
Import Commodities machinery, transport equipment, fuels, chemicals
Export Commodities food and beverages, manufactured goods, petroleum products, chemicals, textiles
Export Partners EU 51.6% (Germany 15.9%, Italy 13.5%, UK 6.4%), US 5.7% (1999)


AIRPORTS of Greece
Alexandroupolis National Airport International, Alexandroupolis 6km (3miles), Position 40°51´00"N, 025°57´00"E, Elevation 3m (9ft),5 Aircraft Stands Detals
Athens International Airport - Eleftherios Venizel International, Near Athens, Position 37°56´11"N, 023°56´40"E, Elevation 94m (308ft), 89 Aircraft Stands Detals
Kavala-Megas Alexandros Int´l Airport International, Kavala 30km (18miles), Position 40°54´54"N, 024°37´22"E, Elevation 5m (16ft),9 Aircraft Stands Detals


Datamatrix-Uk Limited
Copyright 1993 - 2006
Terms of Use Private Policy Acknowledgements Legal