2. My Economics Study Project: Greece By: Jordan M. Holloman

3. Economy  Greece’s economy mainly revolves around the service sector (85.0%) and industry (12.0%), while agriculture makes up 3.0% of the national economic output.  Among the important Greek industries, there is tourism and merchant shipping.  Greece’s current currency is the euro.  Greece is in 10 th place among the world’s economic rankings.

4. Background  Greece has been a member of NATO ever since 1952, joined the European Union during 1981, and switched out the drachma for the euro in 2002.  Greece formed a caretaker government a couple of years ago in November.  Greece’s economy is heavily dependent on services and tourism.  An enormous Greek sovereign debt crisis had threatened the overall stability of the eurozone.

5. Natural Resources and Products  Greece is relatively low in it’s natural resources.  Bauxite, from which aluminum is produced, is the most significant mineral resource available.  There is also asbestos, nickel, magnesite, and marble.  The country produces very little black coal and its brown coal is poor in quality.  chromium, copper, uranium, and magnesium, are relatively small in quantity when it is compared to other countries’ amounts.

6. Goods  Aluminium  Electronic equipment  Pharmaceutical products  Plastic  Vegetables  Fruits  Iron products  Steel products  Petroleum oils

7. Services  Tourism  Trade  Financial Services

8. Largest Banks  National Bank of Greece  Eurobank

9. Bibliography  www.wikipedia.com www.wikipedia.com  www.heritage.com www.heritage.com  www.countriesquest.com www.countriesquest.com  www.research.stlouisfed.org www.research.stlouisfed.org  www.cnbc.com www.cnbc.com