Company Formation in Greece
Travel and arrival, company location, company formation in Greece
The Greece economy is a market-oriented economy with limited state interventions, in accordance with tendencies in the international organizations as the World Trade Organization (WTO) and the European Union (EU). Still since the half of ninetieth years of the previous century the financial situation in Greece is characterized by a new dynamics. The economy dynamics in Greece introduces the following:
- Highly disciplined macro-economic policy within the framework of convergence program 1994 - 1999, by which the Greece activity should go ahead and comply with criterion of Maastricht Treaty on the Economy and Monetary Union.
- Miscellaneous program of structural reforms in all economic branches, going out from reduction of a state role in the economy and from activation of foreign investments as the support of growth within the international economic measure.
Since January 1st, 2001 Greece became the 12th member of European Monetary Union.
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