No. 92. GREEK FOREIGN TRADE WITH FIVE BALKAN STATES DURING THE TRANSITION PERIOD 1993-2000: OPPORTUNITIES EXPLOITED AND MISSED

W. Kafouros, N. Vagionis. 2007.

 

The demise of the socialist regimes in the Balkan region was hailed, among many other things, as a golden opportunity for the Greek economy to expand in every conceivable direction. The basic objective of this paper is to examine whether this has been the case at least as far as its sector of manufactured goods and agricultural products is concerned. The main postulate of this paper is that Greek exports to the area are based mainly on goods possessing low value added. Furthermore, as regards bilateral trade, Greek exports are performing rather well in Albania and FYROM; they encounter serious competition in Bulgaria, while they are loosing ground in the more lucrative markets of Romania and Serbia-Montenegro. 

 

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