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Greece’s economy is likely to witness modest growth over the next five years and reach an estimated $280.6 billion at the current price by 2018. The country has high economic risk due to higher amount of external debt taken from IMF and other countries during Euro debt crisis.

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.

Greece which experienced economic and political turmoil in recent years is likely to face many challenges in its quest to achieve growth and competitive edge of the economy and demographic developments. Greece has a multi-party political system. Coalition government is in power since March 2009 with instable government. The government of Greece has taken austerity measures to recover from the current economic scenario of negative GDP growth rate. Apart from economic scenario the country is also trying measures to repay the loans taken from IMF and EU countries. In order to develop industries, Greece is likely to increase its investments on R&D from current 0.56% of GDP to 1% by 2015. The main focus on R&D is expected to be in the improvement of technology for manufacturing expansion and increase industrial growth.

Lucintel report also points out towards the strong points of the Greece economy. Tourism and shipping industry are driving the Greek economy. Due to large coastline in Greece shipping industry also plays major role in driving the economy. All industries are expected to grow smoothly after recovery from crisis after 2015. Strong domestic demand is key driver of Greece’s economy. Strong work force and natural resources drives the economy. Greece is emerging as a strategic energy hub in Southeast Europe and a desirable location for investment in Wind, Solar, and Bio-energy. Most of the sectors of Greece are open for FDI. With new economy policy, Greece is attracting more FDI and FII.

This report analyzes the impact of different macroeconomic indicators of the country on different industries as well as economic and business risk involved in economy. In the current economic scenario of the country retail, real estate, and pharmaceutical industry are likely to be most affected. This report will be helpful for strategic analysis done by CEO, managers, Bankers, Industrialist who wants to know about political, social, and economic outlook of Greece. This report will also benefit those who want to invest in Greece. This report help the reader to understand the economic strength and risk involved in the Greece

This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.

To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.

Some of the features of this report:
  • Trend and forecast for key macroeconomic variables that are useful to make major investment decision
  • Analysis on economic activity, investment environment, and trade structure of the country
  • Major industries in Greece and its contribution to GPD
  • Trends in savings, investments, and consumptions
  • Analysis of Political, Economic, Social, Technological, Legal, and Environmental scenarios as well as their impact on different industries
  • Analyses on geographical importance and social structure such as labor quality
  • Strength, Weakness, Opportunity, and Threat (SWOT) analysis of Greece
  • More than 25 figures/charts and 11 tables are provided in this roughly 65-page report.

Benefits of a Lucintel Report:
Lucintel’s core competency is in market research and management consulting. In the last 14 years, Lucintel has worked on hundreds of market and economic research studies. Lucintel’s market reports offer the following benefits
  • Enhance your global growth strategy with key economic and potential industry analysis
  • Fine-tune your business expansion planning and market development with analysis of domestic demand analysis and demographics structure analysis
  • Explore business opportunities with the analysis of leading industry, potential sector analysis and by understanding strength,  weakness, opportunity, and threat  of the country
  • Know the business environment of the country using report’s PESTLE analysis and their impact on industry. Also included is Foreign Direct Investment and Trade structure analysis.
1. Executive Summary  

 2. Greece Political Analysis  
 2.1. Structure and Stability of Government  
 2.2. Government Policy Agenda  
 2.2.1. Policy Agenda  

 3. Greece Economic Analysis  
 3.1. Sectoral Contribution to GDP and GDP Growth Rate  
 3.2. Pricing Trends-Inflation and Interest Rates  
 3.3. Consumption, Saving, and Investment Trends  
 3.4. International Trade and Its Contribution to GDP  
 3.5. Foreign Direct Investment by Industry  

 4. Greece Economic and Business Risk Analysis  
 4.1. Risk in Current Account Balance  
 4.2. Terms of Trade of Greece  
 4.3. Risk in Balance of Payment (BOP)  
 4.4. Risk in Financial Sector-Fiscal Balance  
 4.5. Risk in External Sector  
 4.5.1. External Debt and Default Risk  
 4.5.2. Risk in Foreign Exchange Reserves and Exchange Rate  
 4.6. Credit Rating of Countries  

 5. Greece Social Analysis  
 5.1. Social and Demographic Analysis  
 5.2. Labor Market  
 5.3. Social Development Index  

 6. Greece R&D and Technological Factors  
 6.1. R&D Expenditure in Greece  
 6.2. Impact of Technology in Industry  
 6.3. Technology Policy  

 7. Greece Legal Analysis  
 7.1. Company Law  
 7.2. Labor Law  
 7.4. Recent Economic Policies  
 7.5. Doing Business in Greece 2013  

 8. Greece Environmental Analysis  
 8.1. Environment Policy  

 9. SWOT Analysis of Greece  

List of Figures  
List of Tables  
Abbreviation and Technical Units  
Disclaimer  
Copyright  
About Us

List of Figures
Chapter 3. Greece Economic Analysis    
Figure 3.1: Global economic scenario
Figure 3.2: Trend of real GDP growth rate
Figure 3.3: Forecast of real GDP Growth rate
Figure 3.4: Trend of Per Capita Income
Figure 3.5: GDP Sectoral Contribution, 2012
Figure 3.6: Share of different sectors to GDP
Figure 3.7: Trend of leading industries in Greece
Figure 3.8: Quarterly trend of inflation and interest rates
Figure 3.9: Annual trend of inflation and interest rate
Figure 3.10: Trend of savings and investments as percentage of GDP
Figure 3.11: Trend of consumption expenditure as percentage of GDP
Figure 3.12: Greece’s international trade structure
Figure 3.13: Exports and imports as percentage of GDP
Figure 3.14: FDI inflows by industry

Chapter 4. Greece Economic and Business Risk Analysis    
Figure 4.1: Trend of current account balance and percentage of GDP
Figure 4.2: Terms of trade of Greece
Figure 4.3: Trend of balance of payment
Figure 4.4: Trend of gross government debt as percentage of GDP
Figure 4.5: Trend of gross government debt
Figure 4.6: Trend of foreign exchange reserves and exchange rate

Chapter 5. Greece Social Analysis        
Figure 5.1: Political map of Greece
Figure 5.2: Trend of population in Greece
Figure 5.3: Population age structure    
Figure 5.4: Trend of unemployment rate in Greece

Chapter 6. Greece R&D and Technological Factors
Figure 6.1: Trend of R&D expenditure in Greece

List of Tables

Chapter 1. Executive Summary    
Table 1.1: Factors affecting business in Greece

Chapter 2. Greece Political Analysis
Table 2.1: Political factors and its impact on business

Chapter 3. Greece Economic Analysis
Table 3.1: Factors affecting retail industry growth
Table 3.2: FDI limits by industry
Table 3.3: Economic factors and its impact on business
Table 3.4: Economic Insights of Greek economy

Chapter 4. Greece Economic and Business Risk Analysis    
Table 4.1: Credit rating of countries by Moody’s, Fitch, and S&P

Chapter 5. Greece Social Analysis    
Table 5.1: Corruption, GINI, Homicide, and Human Development Index
Table 5.2: Social factors and its impact on business

Chapter 6. Greece R&D and Technological Factors
Table 6.1: Technological factor and its impact on business

Chapter 7. Greece Legal Analysis
Table 7.1: Tax rates in Greece, 2013
Table 7.2: Indicators for starting business
Table 7.3: Ranking of procedures for starting up a business
Table 7.4: Legal factors and its impact on business    

Chapter 8. Greece Environmental Analysis
Table 8.1: Environmental factor and its impact on business
.

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Full Report: PESTLE Analysis of Greece 2013, Full Report $ 750
More than 25 figures/charts and 11 tables are provided in this roughly 65-page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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