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Country Report Greece

 

 

Summary of Country Report

Greece - November 2011

 Map of The Netherlands


All main economic indicators deteriorate further

  • The economic outlook has continuously been revised downwards, for 2011 and 2012.
  • Almost all Greek sectors are negatively affected by the downturn but retail, automotive trade and construction/construction materials are hardest hit.
  • Business insolvencies: continued default growth in 2011 and 2012.
  • Due to this, our underwriting stance is very selective.

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report on Greece

 
General Information

Capital: Athens
Currency: Euro (EUR)
Population: 11.3 million

 
Main import sources (2010)

  • Germany: 10.5%
  • Italy: 9.8%
  • Russia: 9.7%
  • China: 6.0%
  • The Netherlands: 5.2%

Main export markets (2010)

  • Germany: 10.8%
  • Italy: 10.8%
  • France: 8.7%
  • Cyprus: 7.1%
  • Bulgaria: 6.4%

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Date: November 2011

 

 

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