Since the beginning of 2001, Greece has been participating in the euro area as its 12th member. Her entry to the euro area reflects the substantial progress which was made with macroeconomic stabilisation and convergence of the Greek economy to those of the other euro area member states.
In light of the above, there will be a need to formulate and implement economic policies geared toward developing alternative sources of growth – policies that will render the economies less vulnerable to external shocks and that will allow them to better navigate their way through shocks should they occur. One such source of growth concerns the tradedgoods sector.