The Trade Balance of Greece in the Euro Era

George Magoulios and Stergios Athianos
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George Magoulios: Technological Education Institute (TEI) of Central Macedonia, Greece
Stergios Athianos: Technological Education Institute (TEI) of Central Macedonia, Greece

South-Eastern Europe Journal of Economics, 2013, vol. 11, issue 2, 187-216

Abstract: The current article examines the trade balance of Greece in the Euro era, in general, and in particular within the Member States of the Euro Zone (EZ). It was found that in the Euro-era, the Greek trade balance has deteriorated in general and particularly within the Member States of the EZ, while losses in competitiveness of the Greek economy have been observed. The structure of production and foreign trade affect the trade deficit and competitiveness of the Greek economy. Moreover, the more rapid rates of inflation in Greece, compared with its trading partners, led to a revaluation of the real exchange rate in the country, affecting its export performance.

Keywords: Trade Balance; Greece; Euro Zone (search for similar items in EconPapers)
JEL-codes: F14 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:seb:journl:v:11:y:2013:i:2:p:187-216

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