Greece Economy

Greece’s economy is growing fast and has improved a lot in recent years. Still, Greece is one of the poorest members of the EU and is the country with the second-to-lowest average income.

The country is a net importer of industrial and capital goods, foodstuffs and petroleum. Particularly important are manufactured goods, food and beverages, petroleum products, cement, chemicals and pharmaceuticals.

The tourism industry contributes significantly to Greece and is vital to the country's economy. Every year the country welcomes a number of tourists greater than the country’s total population. Shipping is another important industry within Greece’s economy due to it's geographic position.

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