In Greece, a new economy is in the making. Investment opportunities are abundant and attractive, in a wide variety of sectors. Greeceโs massive reform efforts are opening new investment frontiers that reward both first movers and established players.
The next decade is set to see sustained growth in tourism, ICT, energy, environmental sciences, food, beverage and agriculture, logistics, and life sciences. Greeceโs exceptional human capital, advanced infrastructure, geostrategic position, and potential for economic expansion are attracting investor interest from around the world. And Greeceโs newly designed investment framework supports the creation of new businesses, new synergies and new partnerships.
An outward-looking economy that is focused on long-term growth means that investors can look forward to highly favorable returns. As a member of the European Union and the Eurozone, Greece continues to be the economic hub of Southeast Europe, an ideal gateway to the Middle East, Western Europe, and North Africa, and an emerging logistics hub for the entire region.
The Greek government has taken a proactive role in charting a determined course for Greece that is friendly to investment, promotes growth, and welcomes new business. Welcome to a new economy. Welcome to a new Greece.
https://www.enterprisegreece.gov.gr/en/greece-today
GREECE BENEFITS:
โข Greece has more than 320 sunny days a year
โข Unparalleled beauty and diversity in landscape & vegetation
โข 428 blue-flagged beaches & 16,000 km of coastline
โข Unique โisland hopingโ โ 6,000 islands & isles
โข Ideal for outdoor activities & sports of all kinds
โข Worldโs healthiest diet โ exquisite local cuisine & wines
โข Friendly and hospitable people, relaxed lifestyle
โข Rich history & culture โ innumerable sites of interest
โข Vivid modern life (culture & social)
โข Advanced infrastructure & expertise in professional services
โข Excellent medical facilities
โข Excellent domestic transport connections
โข Laws and regulations are becoming more โinvestor friendlyโ. Low cost of living.
Trade
According to provisional data by the Hellenic Statistical Authority for 2018, the total value of exports amounted to โฌ33,417.9 million, in comparison to โฌ 28,877.4 million in 2017, increased therefore by 15.7%. The corresponding increase excluding oil products was 10.7% (โฌ22,152.4 million from โฌ20,010.6 million in 2017), while excluding oil products and ships it reached 10.6% (from โฌ19,898.6 million in 2017 to โฌ22,011.0 million in 2018).
Greek exports in 2018 were mainly mineral fuels, lubricants and related materials (34.3%), followed by manufactured goods mainly classified by material (15.7%), food (13.7%) and chemicals (10.4%).
As far as imports are concerned, the total value of imports during 2018 amounted to โฌ55,129.8 million, in comparison to โฌ50,350.9 million during 2017, increased therefore by 9.5%. The corresponding increase excluding oil products was 2.9% (from โฌ38,494.5 million in 2017 to โฌ39,602.4 million in 2018), while excluding oil products and ships it reached 8.2% (from โฌ35,403.2 million in 2017 to โฌ38,299.5 million in 2018).
Greek imports in 2018 were mainly mineral fuels, lubricants and related materials (appr. 29% of imports), followed by machinery and transport equipment (19.5%) and chemicals (14.4%).
https://www.enterprisegreece.gov.gr/en/greece-today
For a sustainable tourism industry
According to data released annually by the Association of Greek Tourism Enterprises (SETE) and the Bank of Greece, tourism is a major contributor to Greek economy and a sector of rising competitiveness at global level.
Tourism accounts for 18% of Greeceโs GDP and employs more than 900,000 people, accounting for one fifth of the workforce.
The number of international tourist arrivals rose from 15,000,000 in 2010 to over 16,000,000 million in 2011, marking a 10% increase. This year 17,000,000 (almost twice the countryโs population) international tourist arrivals are expected.
Did you know?
Greece has more international airports than most countries.