Exports account for more than 10% of Greece’s Gross Domestic Product (GDP), or more than €20 billion on an annual basis, recording a 13% growth rate, according to the Panhellenic Exporters Association.
In a report over export trends in the January-August period, the Association estimates that Greek exports grew by 11% (€18 billion) last year, while the Organisation for Economic Cο-Operation and Development (OECD) has revised upwards its projections for a 9.4% growth rate, from an initial 6%.
Presenting the report, the Association Chairwoman Christina Sakellaridi said the figures “confirm the importance of exporting business activity in the effort towards the recovery of the Greek economy.”
(GREEK NEWS AGENDA)
Filed under: Business, Economy, European Union, Greece, Infrastucture, Transport | Tagged: Association Chairwoman Christina Sakellaridi, Business, Economy, European Union, export trends, exporting business activity, GDP, Greece’s Gross Domestic Product, Greek economy, Greek Exports, increase, industrial products, infrastructure, Machinery, OECD, oil, oil products, Organisation for Economic Cο-Operation and Development, Panhellenic Exporters Association, recovery of the Greek economy, Sakellaridi, Transport |