Greek export to FYROM marks increase

The Greek export operations into fyrom are on the rise, says the information of the North Greece’s Exporters Association published on the Association’s webpage.

The data show the export of Greek goods to the Balkan’s countries had increased by 29.4 per cent in the first semester of 2006, with Greece accounting for 21.3 percent of the overall exporting operations in the region.

FYROM and Bosnia-Herzegovina have imported more goods from Greece in the first half of 2006 than in the same period of 2005. Moreover, a portion of the foreign investments initially intended for Greece are redirected to FYROM, News In reported.

The country’s foreign investments funneled abroad in 2005 reached $1.4 billion, marking 41% increase compared with $1.03 billion in 2004.

A good share of investments initially destined for Greece has been redirected to markets in FYROM, Bulgaria, Albania, Romania and Serbia.

Source: MRT

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