Greece

By: Savannah Ragan & Tahera Shinwar

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Form of Government

Parliamentary Republic

Approximate Population

  • 11.03 Million
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Largest Exports

  • mineral fuel at 37%
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Largest Import

  • Oil at 23%
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Currency

  • Euro

The exchange rate of greece's currency in the U.S is 1.14 US dollars and in Canada it is 1.46 CAD.

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Summary

Greece's economy is very different from others. It is the 45th largest in the world. They are the beneficiary of EU aid. It's GDP real growth rate last was .3% which is very low. But their inflation rate is very low.

Pros & Cons


Pros

  • Low inflation rate
  • Contains the top export destinations


Cons


  • Most complex economy
  • Negative trade balance

Trade Benefit

They've increased their exports at an annualized rate. Greece has the top export destination.