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

Economou, Persephone; Thomas, Margo

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.

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More About This Work

Academic Units
Vale Columbia Center on Sustainable International Investment
Publisher
Vale Columbia Center on Sustainable International Investment
Series
Columbia FDI Perspectives, 51
Published Here
November 23, 2011
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