Greek FDI in the Balkans: How is it affected by the crisis in Greece?

Persephone Economou and Margo Thomas

No 51, Columbia FDI Perspectives from Columbia University, Columbia Center on Sustainable Investment (CCSI)

Abstract: Greece accounts for only 6% of the Balkan countries' combined inward FDI stock, but Greek banking presence in the Balkans is significant. The sovereign debt crisis and recession in Greece are having a negative effect on Greek FDI into the Balkans, but it is the reduced lending by Greek bank foreign affiliates or their possible withdrawal that will have a bigger impact on the local economies.

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:colfdi:51

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