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Background To Business in Greece

Greece

The government has been perceived as interventionist and overprotective

Cultural Compatibility

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Greece is a country which offers business visitors a number of challenging paradoxes.

The greatest of these paradoxes would be why a country whose people are renowned for an entrepreneurial approach, should have seemingly failed to have kept pace with the economic advances enjoyed by many of their near European neighbours. The reasons behind this lack of obvious economic success are manifold but many observers would link it directly to certain underlying cultural norms which Greece and Greeks exhibit.

Another seeming paradox is that although Greeks are fiercely patriotic, this love of country does not equate with a love of the Greek state or its institutions. The government has been perceived as interventionist and overprotective, while the public sector is viewed as bloated, inefficient and often corrupt.

Progress in all of these areas is being made and a strong case can be made for the future potential of Greece as a progressive, strong, modern economy. While doing business in Greece may sometimes seem difficult and painfully slow — the prospects are bright.

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