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Greece Presents Many Opportunities And Challenges
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Global Finance
- Article date:
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June 1, 2008
- Author:
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Copyright informationCopyright Global Finance Media Inc. Jun 2008. Provided by ProQuest LLC. (Hide copyright information)
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Steady domestic economic growth and significant inward investment are helping Greece battle the headwinds of a tough global economy.
Buoyed by several booming industries, economic growth rates above the European Union average, strong investment and exports, and its proximity to emerging and rapidly growing economies in southeast Europe, Greece provides investors and businesses with tremendous opportunities. However, the nation of 11 million people is not without significant economic and financial risks, including high unemployment, high budget and current account deficits, and the need for bureaucratic, pension and tax reform.
"Greece is a country that has a lot of growth," says Michael ...
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