1. Greek FDI in the Balkans: How is it affected by the crisis in Greece?
- Author:
- Persephone Economou and Margo Thomas
- Publication Date:
- 11-2011
- Content Type:
- Policy Brief
- Institution:
- Columbia Center on Sustainable Investment
- Abstract:
- The current Greek crisis raises the question of its impact on foreign direct investment (FDI) by Greece on its neighbors in the Balkans. Greek multinational enterprises (MNEs) first began to establish a presence there in the 1990s, following the breakup of the former Yugoslavia. This trend accelerated during the past decade. As of 2009, Greece's outward FDI stock in the Balkans stood at US$ 10.5 billion or 26.5% of Greece's outward FDI stock worldwide.
- Topic:
- Foreign Policy, Global Recession, Foreign Direct Investment, and Financial Crisis
- Political Geography:
- Europe, Greece, Yugoslavia, and Balkans