Probe questions shipping's importance to Greece

It is a myth that shipping's economic contribution to the Greek economy is as significant as the industry claims and as official records show, reports news agency Reuters in an analysis.

It is in broad terms a myth that Greek shipowners, who combined control one of the largest commercial fleets in the world, contribute as much to the country's economy as official records indicate and the industry itself claims. The reason is that Greek shipowners in their financial statements include billions of dollars that in effect never wind up anywhere near Greece.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading