Although legislation was passed in 1998 aimed at addressing some key rigidities in the labour market (the inflexibility of working time, wages, the ineffectiveness of job matching mechanisms), the performance of the Greek labour market has not yet materially improved.
This fact, combined with factors such as the abundance of natural resources, a reasonable infrastructure and the high level of  BIS Review 101/2007  1  education standards, put the country in an interesting competitive position in the global economy. Shipments of manufactured products (of both agricultural and industrial origin) are leading the growth of exports.