Outsourcing in Greece


Capital: Athens

Official EU language(s): Greek

EU member country: since 1 January 1981

Currency: euro. Greece has been a member of the Eurozone since 1 January 2001.

Schengen: Greece has been part of the Schengen area since 1 January 2000.

Figures: Geographical size – population – gross domestic product (GDP) per capita in PPS

Political system

Greece operates as a parliamentary republic, where the prime minister, holding the most political power, heads the government, while the president, with mainly ceremonial duties, serves as the head of state. The government exercises executive power.

Trade and economy

Key sectors of Greece’s economy in 2020 included wholesale and retail trade, transport, accommodation, and food services (23.8%), public administration, defense, education, human health, and social work activities (21.6%), and real estate activities (15.9%).

Internally, 57% of Greece’s exports are traded within the EU, with Italy (11%) and Germany (8%) as significant partners. Externally, 4% of exports go to Turkey, and 4% to the United States.

Regarding imports, 57% come from EU Member States, with Germany (12%) and Italy (9%) being major contributors. Externally, 8% come from China, and 6% from Russia.

Greece in the EU

European Parliament

Greece is represented by 21 members in the European Parliament.

Council of the EU

Representatives from the Greek government participate in regular Council meetings to adopt EU laws and coordinate policies.

Presidency of the Council of the EU

Greece has held the Presidency of the Council of the EU during various periods, including July-December 1983, July-December 1988, and January-June 1994, among others.

European Commission

Margaritis Schinas, nominated by Greece, serves as the Vice-President for Promoting our European Way of Life in the European Commission. The Commission maintains representation in Greece.

European Economic & Social Committee

Greece is represented by 12 members on the European Economic and Social Committee, offering consultation on proposed laws affecting work and social situations.

European Committee of the Regions

Greece has 11 representatives on the European Committee of the Regions, ensuring regional perspectives are considered in proposed laws.

Permanent representation to the EU

Greece communicates with EU institutions through its permanent representation in Brussels, ensuring effective pursuit of the country’s interests and policies within the EU.

Budgets and Funding

Greece’s contributions to the EU budget are determined fairly based on its economic means, supporting various programs and projects across EU countries. The EU budget prioritizes the needs of Europeans as a whole.