Mondo Visione  Oct 25  Comment 
E6 SA has been admitted to exchange trading for Phelix Futures/Options, Nordic Financial Power Futures/Options, French Financial Power Futures/Options, Italian Financial Power Futures/Options, Spanish Financial Power Futures/Options, Swiss...
Forbes  Oct 25  Comment 
In some countries around the world, a shockingly highproportion of young people still live at home with their parents. The trend is most noticeablein countries badly impactedby the global financial crisis and it's particularly pronouncedin Italy,...
Mondo Visione  Oct 25  Comment 
The Board of Directors of the European Stability Mechanism (ESM) today authorised the disbursement of €2.8 billion to Greece, which is the remaining amount of the second tranche of ESM financial assistance. “Today’s decision to...
Reuters  Oct 23  Comment 
Greece's power utility PPC confirmed on Sunday it has received two binding bids for a 24 percent stake in power grid operator ADMIE.  Oct 23  Comment 
Governments should start normalising monetary policy and cutting public debt before the next economic downturn hits them Economic forecasts for 2017 project continued frailty in the global economy, and subpar growth for most countries and...
Forbes  Oct 19  Comment 
Like the Greek scholars before them, today’s big data practitioners seek to answer some of the biggest questions facing mankind, such as: What are the building blocks of the universe? Can genomics data be used to improve our health? How can we...  Oct 16  Comment 
Seven years into its worst post-war slump, eurozone’s weakest link is locked into debts of €330bn amid talk of fourth bailout The drive to put Greece back on the road to recovery intensifies this week when auditors representing the indebted...
Reuters  Oct 16  Comment 
Greece and its creditors start a fresh round of talks this week on reforming its labor market, a tricky task for a leftist government sliding in opinion polls but needed if the recession-hit state can ever win debt relief.
Benzinga  Oct 12  Comment 
Perhaps due to the struggles of the iShares MSCI Italy Index (ETF) (NYSE: EWI), the Global X MSCI Greece ETF (Global X Funds (NYSE: GREK)) is not the most notorious member of the quintet of single-country exchange-traded funds dedicated to PIIGS...  Oct 12  Comment 
VIENNA (dpa-AFX) - Serious concerns over the sustainability of Greece's public debt and the return of confidence on the economy is still gradual, European Central Bank Executive Board member Benoit Coeure said Wednesday. "All stakeholders...


Greece ranked 42nd in the list of countries by GDP per capita, with $339.2 billion GDP in 2009 estimates. Its economy is dominated by the public sector, which accounts for approximately 40% of its GDP, followed by the tourism industry that accounts for 15% of GDP. Other important sectors include food processing, tobacco, textiles, chemicals (including refineries), pharmaceuticals, cement, glass, telecommunication and transport equipment.[1] Ever since Greece joined the EU, it became a major beneficiary of EU aid. On top of that, the replacement of drachma to the Euro currency gives Greece the access to competitive loan rates and also to low rates of the Eurobond market. This improved consumer spending dramatically, boosting economic growth to approximately 4% per year between 2003 and 2007.[2]

Greece's sovereign debt crisis Greece was not spared from the international financial crisis. In 2010, a burgeoning government deficit (12.7% of GDP) and mounting public debt (113% of GDP in 2009) led to concerns about Greece defaulting.


  1. TDS - Greece, Europe
  2. CIA World Fact Book 2010

Companies in the Investing in Greece Industry (303)

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