Irving, TX, June 14, 2014 --(PR.com
)-- Greece which experienced economic, social, and political turmoil in recent years is likely to overcome the pains of turmoil after 2015 and register growth in all sectors of the economy. Strong domestic demand is the key driver of Greece’s economy. Greece is emerging as a strategic energy hub in Southeast Europe and a desirable location for investment in Wind, Solar, and Bio-energy.
Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the political, economic, social, technological, legal, and environmental risks of the country and presents its findings in “PESTLE Analysis of Greece 2013.” This report gives the insightful SWOT analysis of Greece, thus helping the investors to easily understand the strengths, weakness, opportunities, and threats of Greece’s economy.
Lucintel report points outs the strong and weak points of the Greece economy. Sovereign debt in Greece is very high and accounts for 170.3% of GDP in 2012. The country has high economic risk due to a higher amount of external debt taken from IMF and other countries during the Euro debt crisis. Strong work force and natural resources drives the economy. Domestic demand of population consumes approximately 75% of GDP.
As per the study, the oil and natural gas industry are the emerging industries in Greece with oil reserves for more than 15 years, followed by the wholesale and retail sector and financial intermediaries. Greek economy majorly exports petroleum products to other countries. The shipbuilding industry, chemical, and the pharmaceutical sector are the industries in Greece emerging out as one of the major contributors to their GDP. The tourism industry formed 15% of the national GDP in 2012. Due to the large coastline in Greece the shipping industry also plays a major role in driving the economy. All industries are expected to grow smoothly after recovery from the crisis after 2015.
This report will be helpful for strategic analysis done by CEOs, managers, bankers, industrialists who want to know about the political, social, and economic outlook of Greece. This report will also benefit those who want to invest in Greece. This report will help the reader to understand the economic strength and risk involved in Greece.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at firstname.lastname@example.org. Lucintel offers a broad range of Industry Research Reports, Market Research Reports, and Management Consulting services.Lucintel provides Strategic Consulting Services, SWOT Analysis, M & A, and Due Diligence.