Greece
Greece is a country in south-eastern Europe located at the crossroads of Europe, Asia and Africa. The capital and largest city is Athens. Greece has a population of about 10.5-million and operates a parliamentary republic system of government. The economy is classified as advanced and high-income, with key sectors including tourism, shipping, agriculture, food processing and manufacturing. Greece is a significant maritime power, controlling one of the world's largest merchant fleets. The country is a member of the European Union, having joined in 1981, and adopted the euro as its currency in 2001. Greece is also a member of the United Nations, NATO, the OECD and the World Trade Organization. The country has faced significant economic challenges since the 2008 financial crisis, undergoing structural reforms and austerity measures as part of international bailout programmes. Greek businesses maintain trade and investment links across Europe, Africa and the Middle East, particularly in sectors such as shipping, packaging, food and beverage, and construction materials. Greece's strategic location has historically made it an important hub for trade between Europe and other continents.
Greece Updates
Eastern Libya parliament approves maritime deal with Turkey, lifts 2020 boycott
By: Reuters 20th October 2026 Libya's eastern parliament on Tuesday backed a maritime deal with Turkey which will bring strategic advantages in economic, political and national... →
Amnesty calls EU complicit in new Libyan crackdown on migrants
By: Reuters 24th June 2026 Authorities in eastern and western Libya have intensified a crackdown on migrants and refugees in the last month with mass arrests, detentions and... →
Amnesty calls EU complicit in new Libyan crackdown on migrants
By: Reuters 23rd June 2026 Authorities in eastern and western Libya have intensified a crackdown on migrants and refugees in the last month with mass arrests, detentions and... →
Questions raised over frequent-flyer Mabuyane’s latest trip as the EC economy remains grounded
By: Reza Creamer 3rd June 2026 Premier Oscar Mabuyane’s latest overseas investment mission to Italy and Greece raises serious questions about why the province is paying for... →
SA outperforms Saudi, Greece in Bank of America equity market ranking 
By: Thabi Shomolekae 8th April 2026 Government Communication and Information System acting government spokesperson Nomonde Mnukwa pointed out on Wednesday that despite a challenging... →
Four Scenarios for the Future of Travel and Tourism
11th July 2025 The travel and tourism (T&T) industry has staged one of the most dramatic recoveries in modern economic history, surpassing pre-pandemic... →
Egypt's crackdown drives Sudanese refugees on new route to Libya and beyond
By: Reuters 11th June 2025 Bahr el-Din Yakoub fled Sudan to seek sanctuary in Egypt after a missile ripped through his home in Khartoum and killed four of his friends. But... →
Greece, Egypt set to sign deal to boost ties, says Sisi
By: Reuters 7th May 2025 Greece and Egypt will sign a "strategic partnership" agreement on Wednesday as the two countries seek to step up political coordination to help... →
Trump picks Tom Barrack to serve as US Ambassador to Turkey
By: Bloomberg 11th December 2024 President-elect Donald Trump said he is tapping Tom Barrack, the founder of Colony Capital LLC, to serve as ambassador to Turkey, elevating a... →
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