11 Updates

Lucintel PESTLE Analysis of Greece: High Economic Risk Due to High Sovereign Debt

Dec 28 2013, 5:56am CST | by

Irving, TX, December 28, 2013 --(PR.com )-- Greece’s economy is likely to witness modest growth over the next five years and reach an estimated $280.6 billion at the current price by 2018. The...

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30 weeks ago

Lucintel PESTLE Analysis of Greece: High Economic Risk Due to High Sovereign Debt

Dec 28 2013, 5:56am CST | by

Irving, TX, December 28, 2013 --(PR.com )-- Greece’s economy is likely to witness modest growth over the next five years and reach an estimated $280.6 billion at the current price by 2018. The country has high economic risk due to higher amount of external debt taken from IMF and other countries during Euro debt crisis.

Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the political, economic, social, technological, legal, and environmental risks of the country and presents its findings in “PESTLE Analysis of Greece 2013.” This report gives the insightful SWOT analysis of Greece, thus helping the investors to easily understand the strengths, weakness, opportunities, and threats of Greece’s economy.

Greece which experienced economic and political turmoil in recent years is likely to face many challenges in its quest to achieve growth and competitive edge of the economy and demographic developments. Greece has a multi-party political system. Coalition government is in power since March 2009 with instable government. The government of Greece has taken austerity measures to recover from the current economic scenario of negative GDP growth rate. Apart from economic scenario the country is also trying measures to repay the loans taken from IMF and EU countries. In order to develop industries, Greece is likely to increase its investments on R&D from current 0.56% of GDP to 1% by 2015. The main focus on R&D is expected to be in the improvement of technology for manufacturing expansion and increase industrial growth.

Lucintel report also points out towards the strong points of the Greece economy. Tourism and shipping industry are driving the Greek economy. Due to large coastline in Greece shipping industry also plays major role in driving the economy. All industries are expected to grow smoothly after recovery from crisis after 2015. Strong domestic demand is key driver of Greece’s economy. Strong work force and natural resources drives the economy. Greece is emerging as a strategic energy hub in Southeast Europe and a desirable location for investment in Wind, Solar, and Bio-energy. Most of the sectors of Greece are open for FDI. With new economy policy, Greece is attracting more FDI and FII.

This report analyzes the impact of different macroeconomic indicators of the country on different industries as well as economic and business risk involved in economy. In the current economic scenario of the country retail, real estate, and pharmaceutical industry are likely to be most affected. This report will be helpful for strategic analysis done by CEO, managers, Bankers, Industrialist who wants to know about political, social, and economic outlook of Greece. This report will also benefit those who want to invest in Greece. This report help the reader to understand the economic strength and risk involved in the Greece.

For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit www.lucintel.com. Lucintel offers a broad range of Industry Research Reports, Market Research Reports and Management Consulting services. Visit Lucintel Product list http://www.lucintel.com/lucintel-product-catalog.html to see a complete list of Lucintel reports. Sign up for our free Email Newsletter http://www.lucintel.com/newsletter.aspx

Contact Information:
Lucintel
Roy Almaguer
+1-972-636-5056
Contact via Email
http://www.lucintel.com/contactus.aspx
Fax: +1-877-883-5140

Read the full story here: http://www.pr.com/press-release/534584

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Update
11

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Jul 28 2014 5:28pm CDT | Source: Mercury News

Fewer Americans signed contracts to buy homes in June, as the real estate market appears to have cooled off this summer. The National Association of Realtors said Monday that its seasonally adjusted pending home sales index slipped 1.1 percent to 102.7 last month. The index remains 7.3 percent below its lev ...
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A rare sale in Kitsap County as shopping center trades hands

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There's something about shopping centers with Safeway grocery stores that appeals to a San Diego real estate investment company called Garrity Group. The privately held company on Thursday paid $20.8 million for the Bethel Junction shopping center at 3331 Bethel Road S.E., Port Orchard, according to Capital Pacific, the real estate company that brokered the sale. It was the first time in more than 10 years that a large Kitsap County shopping center anchored by a grocery store h ...
Source: Seattle Business Journal   Full article at: Seattle Business Journal
 

 
Update
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June Pending Home Sales Index: A Bearish Report Sends Homebuilder Stocks Lower

Jul 28 2014 4:31pm CDT | Source: SeekingAlpha

By Dave Kranzler:The National Association of Realtors (NAR) released its Pending Home Sale Index for June today (July 28). It showed an unexpected decline of 1.1% from May's index level. Taking into consideration that June is supposed to be the strongest month of the year for home sales, today's report can be interpreted as quite negative for the housing market. Further, it is a blow to the view that the housing market is in recovery from the collapse of the housing bubble ...
Source: SeekingAlpha   Full article at: SeekingAlpha
 

 
Update
2

7 hours ago

Roses store with groceries to open in Raleigh

Jul 28 2014 4:18pm CDT | Source: Triangle Business Journal

Art Pope’s Roses discount store chain has emerged as the new owner of the vacated Kroger shopping center in southeast Raleigh with plans to restart retail sales by Thanksgiving. A new Roses discount store will carry the traditional apparel and homegoods that the brand is known for, but the space will also be outfitted to sell also fresh produce, meats and other grocery items, confirms Phil Pope, senior vice president of real estate for Roses’ parent company, Henderson-based Variety Wholesalers ...
Source: Triangle Business Journal   Full article at: Triangle Business Journal
 

 
Update
1

7 hours ago

Virgin America files for an IPO

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Virgin America Inc. has won over travelers. Now it wants to win over Wall Street. The Burlingame-based company said Monday it filed with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the IPO have not yet been determined. "The airline gave a placeholder fundraising target of $115 million, a figure use ...
Source: San Jose Business Journal   Full article at: San Jose Business Journal
 

 

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