80545233 pestle analysis of greece

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  • 8/12/2019 80545233 Pestle Analysis of Greece

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    PESTEL Analysis ofGREECE

    Prepared by:Shreya Verma 116Anoop Anantha 117Amit Surana 118Hrishikesh Baruah 119Shashanka Yerabaty 12

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    Po!iti"a! Ana!ysis

    A Par!iamentary repub!i"# !ike many other nations$

    %hie& o& state is the President# P' the head o& the (o)ernment$

    President e!e"ted by par!iament &or a &i)e*year term +e!i,ib!e &or a se"ond term-$

    %abinet appointed by the president on the re"ommendation o& the prime minister$

    %ommon A,ri"u!tura! Po!i"y# &oundin, o& pri)ate uni)ersities# the abo!ishment o& asy!um# the

    imposition o& &ees . sa!aries$

    /ampant amount o& "orruption$ Su"k money &rom the 0 . redistribute it in di&&erent &orm$

    a)oritism &or bi, "ompanies# i,norin, the sma!! &irms . &armers$

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    Po!iti"a! 3mpa"t

    nemp!oyment at the o&&i"ia! rate o& 94 +the rea! &i,ure is at !east 164-$

    A ri,id system su"h as 5a !as . &is"a! po!i"y$

    Hu,e amount o& pressure bein, pi!ed up on the &inan"ia! institutions$

    orsenin, ties ith %yprus . 5urkey$

    3n"reased dependen"e on 3nternationa! trade$

    A !ot o& riots a,ainst the (o)ernment in the re"ent times$

    ide un"ertainty in &inan"ia! markets in 0urope and beyond$

    0"onomi" reedom 3nde on &rom 88th to 119th$

    %orruption Per"eption 3nde 78th

    reedom o& in&ormation s"ore 7th

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    (ree"e 0"onomyTill 2007-08:

    %ountry hi"h has shon 1; years on in"rementa! ,roth$ 199; *

    28

    A "onstant de"rease in unemp!oyment rate$ 7$; 4

    3n"rease in 3uarter o& 21# the nationa! debt o& (ree"e as put at

    ?@bi!!ion +;1@$6 bi!!ion-# hi"h is bi,,er than the "ountrys e"onomy$

    5he "ountrys de&i"it is 12$74$

    5he estimated 29 de&i"it rose &rom =$1 4 &or 29 as reported to the

    0uropean %ommission durin, the sprin, to 12$74$

    5ota! pub!i" debt o& (ree"e a""ounts to 1;2$84 o& (P in 21$

    3n"reased unemp!oyment rate abo)e 1;4

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    Reasons:

    Years o& unrestrained spendin,# "heap !endin, and &ai!ure to

    imp!ement &inan"ia! re&orms !e&t (ree"e bad!y eposed hen

    the ,!oba! e"onomi" donturn stru"k$

    ependen"y on &e industries as a sour"e o& in"ome

    Hi,h ependiture on de&ense

    3n&!eib!e monetary po!i"y$

    5rade imba!an"e$

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    EXPORTS

    C 26$6; bi!!ion +211-

    C "ountry "omparison to the or!d: 66

    C 22$66 bi!!ion +21 est$-

    IMPORTS

    C 6=$79 bi!!ion +211-

    C "ountry "omparison to the or!d: =

    C 6$19 bi!!ion +21 -

    E!T - EXTER"AL:

    C =8@$@ bi!!ion +@ Eune 211-

    C "ountry "omparison to the or!d: 22

    C =@2$9 bi!!ion +@ Eune 21-

    /0%0F5 Y0A/S

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    So"ieta! . %u!tura! Ana!ysisA#e Str$%t$re

    * ; years: 1;$24

    1=*6; years: 66$24

    6=yr . abo)e: 19$64

    Popu!ation (roth is G $8@4

    Se /atio: 1$6 'a!esema!e

    (reek !i&e as dominated by re!i,ion$

    5emp!es o& an"ient (ree"e ere the bi,,est and most beauti&u!$ 5hey a!so had a po!iti"a!purpose$

    5he An"ient (reeks !i)ed in (ree"e and the "ountries that e no "a!! Bu!,aria and5urkey$

    P!ato# Parmenides# Ar"himedes# Pytha,oras# A!eander the (reat are &e o& the most&amous An"ient (reeks$

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    Relations&i' ( Lan#$a#e

    5he o&&i"ia! !an,ua,e o& (ree"e is (reek# ith a tota! o& 1= mi!!ion

    speakers$

    3n addition to (reek# a number o& non*o&&i"ia!# minority !an,ua,es

    !earned by (reeks are 0n,!ish# ren"h# Spanish# 3ta!ian# and

    (erman$

    'ost 0uropean !an,ua,es# in"!udin, 0n,!ish borroed ideas &rom

    the (reek a!phabet$

    (reeks pre&er &a"e*to*&a"e meetin,s rather than doin, business by

    te!ephone or in ritin,# hi"h are seen as too impersona!

    %ompu!sory edu"ation !asts 9 years$

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    C$lt$re

    An"ient (reeks be!ie)ed that )an%in#as in)ented by the (ods and

    there&ore asso"iated it ith re!i,ious "eremony$

    +Syrtos# Geranos# Mantilia# Saximos# Pyrichios# and Kordakas-

    5he ear!iest (reek "i)i!iIations thri)ed near!y ;# years a,o$ Yet# their

    "u!ture sti!! impa"ts our !i)es today# in the arts# in phi!osophy# and in s"ien"e#

    maths# !iterature as e!! as po!iti"s$

    (reeks had sports &esti)a!s# J!ympi"s p!ayed e)ery ; years# here ath!etes

    &rom di&&erent "itystates "ompeted a,ainst one another$

    J!ympi" (ames as &irst re"orded in 776 B% in J!ympia$ (ree"e a!so hosted

    the modern J!ympi" (ames ti"e# the inau,ura! 1896 Summer

    J!ympi"s and the 2; Summer J!ympi"s$

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    An"ient (reek te"hno!o,y de)e!oped at an unpre"edented speed

    durin, the =th "entury B%$ 3n)entions that are "redited to the

    an"ient (reeks are * ,ears# s"re# a!arm "!o"k# odometer# air and

    ater pumps# rotary mi!!s# s"re press# bronIe "astin,

    te"hni>ues# ater "!o"k# ater or,an# torsion "atapu!t and the useo& steam to operate toys and eperimenta! ma"hines +automati"

    doors- and a "hart to &ind prime numbers$

    Has been a member o& the 0uropean Spa"e A,en"y +0SA- sin"e

    2= 3ndustria! Produ"tion in (ree"e de"!ined 7$84 in Fo)ember o&

    211$

    rom 2 unti! 21# (ree"es industria! produ"tion a)era,ed

    *$6@4

    5e"hno!o,y

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    3ndustries

    5ourism

    ood

    5oba""o Pro"essin,

    5eti!es

    %hemi"a!s

    'eta! Produ"ts 'inin,

    Petro!eum

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    5ourism

    3t "ontributes to 1=4 o& (ree"e

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    5he distin"tion beteen pub!i" and pri)ate !a is a &undamenta! &eature o& the

    (reek !e,a! system$ Pub!i" and pri)ate !a re,u!ate re!ations o& a di&&erent kind and

    ,o)ern the beha)ior o& persons or entities o& a dissimi!ar nature$

    A number o& pub!i" ser)i"es report dire"t!y to the 'inistry$

    Pro)ides insuran"e# prote"tion and e>ua!ity &or a!! (reek "itiIens$

    %o!!e"ti)e bar,ainin, and the ri,ht to strike are prote"ted by !a# a!thou,h orkers

    must ,i)e noti"e o& intent to strike$

    3ndustria! hea!th and sa&ety standards are set by !a and re,u!ar!y en&or"ed$

    /enderin, o& edu"ation to a!! "itiIens and at a!! !e)e!s o& the State edu"ation

    system$ 0du"ation is "ompu!sory &rom 6 up to 1= years o!d$

    5he president has the poer to de"!are ar and to "on"!ude a,reements o& pea"e#

    a!!ian"e# and parti"ipation in internationa! or,aniIations$

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    0n)ironment

    Amon, (ree"es prin"ipa! en)ironmenta! prob!ems are industria! smo, and automobi!e

    ehaust &umes in metropo!itan$

    ater po!!ution is a si,ni&i"ant prob!em due to industria! po!!utants# a,ri"u!tura! "hemi"a!s

    su"h as &erti!iIers and pesti"ides# and sea,e$

    (ree"es po!!ution prob!ems are the resu!t o& a!most "omp!ete disre,ard &or en)ironmenta!

    prote"tion measures durin, the rapid industria! ,roth o& the 197s# "ompounded by

    unba!an"ed de)e!opment and rapid# unre,u!ated urban ,roth$

    (o)ernment po!i"ies ha)e emphasiIed rationa! use o& natura! resour"es# ba!an"ed re,iona!

    de)e!opment# prote"tion o& the en)ironment# and in"reased pub!i" parti"ipation in

    en)ironmenta! matters$

    our en)ironmenta! and p!annin, ser)i"es ere "onso!idated under the 'inistry &or Physi"a!

    P!annin,# Housin,# and the 0n)ironment$

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    Intro)$%tion: 1926 * 5he "ompany starts operatin, in the "ity o& Patras as

    AF3A5JPJLJS Bros$

    1977 * 30AL brand is introdu"ed$ istribution ithin (ree"e

    . brand aareness ,ros$

    1987 * 0stab!ishment as F3NJS 'AF3A5JPJLJS S$A$$

    1991 * 'o)e to "urrent premises$

    199= * 30AL is a!ready the best knon brand in the !o"a!marketO eports start and 2 "ountries "urrent!y test the

    )a!ue &or money o& 30AL bi"y"!es$

    IDEAL Cycles & Bikes

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    Strate,yProdu"t e&&i"ien"y is the key di&&erentiation$

    Bein, a "ompany that manu&a"tures sports "y"!es#

    "on"entration as put on spe"i&i" "ountries$

    %o!!aborations and mer,ers$

    Partnerships ith !o"a! p!ayers$

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