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Greek FDI in the Balkans: How is it affected by the crisis in Greece?

Persephone Economou; Margo Thomas

Title:
Greek FDI in the Balkans: How is it affected by the crisis in Greece?
Author(s):
Economou, Persephone
Thomas, Margo
Date:
Type:
Reports
Department:
Vale Columbia Center on Sustainable International Investment
Permanent URL:
Series:
Columbia FDI Perspectives
Part Number:
51
Abstract:
Greece accounts for only 6% of the Balkan countries' combined inward FDI stock, but Greek banking presence in the Balkans is significant. The sovereign debt crisis and recession in Greece are having a negative effect on Greek FDI into the Balkans, but it is the reduced lending by Greek bank foreign affiliates or their possible withdrawal that will have a bigger impact on the local economies.
Subject(s):
Finance
Economics
Banking
Item views:
536
Metadata:
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