|
|
|
Copyright © 2007 EVS Actually
E.V.S. Copyrights
We are not claiming that the information you will find on this website is our production. The amount of data is vast and we have carried out a secondary research in order to find gather all this data from hundreds of different websites, magazines, books etc.
Feel welcome to reproduce any of the information you find on this website as long as you do not claim it is your own work...it is not our own neither, except personal opinion parts. After all, we are a non-profit informal group! Thank you evs actually 
|
| Economy |
|
Even if the economy of Greece has improved in recent years due to the tight policy before and after EU�s single currency and the preparation for the Olympic Games of 2004, Greece is one of the poorest countries of the European Union with the second-to-lowest average income.
Its Greece economy improvement is: a budget deficit below 1% of GDP and an inflation which fell from 20% to 3.1% from 1990 and 2000. Nevertheless, the reconstruction of the economy and the reduction of unemployment (11.3%) are the major challenges of the country. Characteristics Greece has a mixed capitalistic economy with a large public sector that accounts about half of GDP and that is blamed for the slow economic growth... It is an agricultural country (with agricultural products such as wheat, corn, barley, sugar beets, olives, tomatoes, tobacco, potatoes, beef, dairy products and wine) with 20 % of the workforce employed in this sector. 59 % of the workforce is employed in the sector of services and the 21 % in the sector of industry (food and tobacco processing, textiles, chemicals, metal products, mining and petroleum) and construction. Even if Greece is an agricultural country, the agricultural contribution to the economy is only of 15 %. The industry which contributes the most to the economy is the tourism industry and the shipping. Greece welcomes every year a number of tourists greater than the country�s total population and its shipping sector is the most important in the world. Exportations Greece exports total 12.5 billion dollars of manufactured goods, fuels, food and beverages to countries such as Germany, Italy, UK, France and the US. Importations The imports of the country are higher (around 28 billion dollars); they consist in manufactured goods, foodstuffs, fuels and chemicals. Its imports partners are Italy, Germany, France, UK, Netherlands and US. External Debt Its external debts are over 42 billion dollars and the country has an economic aid from the EU of more than 5.5 billion dollars. |
|
