“Greece is a small market of just 10 mn customers. Many business sectors are mature or soon will be. But in today’s global economy, a company which statistically confines itself to satisfy only local demand, will soon find itself pray to competition from multinationals which with new technology and economies of scale, are able to undercut them even in their home market”.
The September – October 1998 issue of Greek Business File hosts a Special Survey on Greek Outward Investments by Robert McDonald on
-Liberalisation of capital movements
-Foreign investment vehicles
-State involvement has been limited
-High economic and political risks
-Lack of reporting gives conflicting data