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Get to Know About Greece
Greece is located in Southern Europe and touches traces of Southeast Europe. Also known as the Hellenic Republic, the country occupies an area of 131,957 square kilometers and is home to about 11 million people.
Greece is a developed country. It boasts one of the largest economies in Europe, claiming an HDI of 0.7870 and providing world-class infrastructures and standard quality of living. Every sector, including service, industry, manufacturing, agriculture, and the tourism industries have been highly worked on, and all of them contribute to the national income. According to the UN, Greece is the 16th most visited country in the world.
Greece had gone through a debt crisis from 2010 to 2018. During that time, the prices were depressed, which was not a good sign to the country, but of course, it helped some investors. ‘Buying when everyone else is selling’ is fundamental to business. There were risks, but they reciprocated to very high potentials. This led to companies still opening in the country, and foreign investment has always seen steady growth.
With the strategic location, developed infrastructure and abundance of the workforce (there’s a high unemployment rate in Greece), anyone would say doing business in Greece is worth it. Anyway, Greece still has its challenges such as high purchasing cost, extensive competition in the tourism sector, and water shortages in some areas.