Greece Business
• Main exports: Food and beverages, manufactured goods, petroleum, chemicals and textiles.
• Main imports: Machinery, transport equipment, fuels and chemicals.
• Main trade partners: Germany, Italy, Bulgaria, UK and France.
Economy
Tourism is the country's most important service industry, and has boomed since the 1980s. With over 14 million tourists now visiting the country annually, tourism provides 15% of the GDP. Shipping is also an important source of income: Greece has one of the largest merchant fleets in the world. The country exports large quantities of wheat, barley, maize, tobacco and fruit to the rest of the EU and elsewhere.
The Greeks have benefited substantially from transfers of funds within the EU and support for its large public-sector debt. Growth is around 4%, with inflation nearly 3%, and unemployment hovering around 8.3% in 2007. Greece's huge public-sector deficit prevented it from meeting the convergence criteria for the European single currency and the country entered the Euro zone in January 2001. The EU accounts for about 65% of Greek trade.
Business Etiquette
Office hours: Mon-Fri 0900-1700.
Conferences & Conventions
Business Contacts
7 Akademias Street, 106 71 Athens, Greece
Tel: 210 360 4815.
Website: www.acci.gr
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