The Greek crisis effects on the Albanian economy

• Authors: Veronika Durmishi , Valbona Gjini

Abstracts

EN

The study of the effects of the crisis of Greece has a special significance for two reasons: The first the large number of Albanian immigrants in Greece, and second is the fact that Greek investments are in sectors of economy. The first part of the analysis has to do with the effects of immigrants on the Greek crisis, collapse of economic growth in Greece, increased unemployment and poverty, which affects the emigrants. The second part of the analysis is the impact of the crisis in the Greek banking system, which is analyzed in several aspects: the safety of deposits, the credit of the Albanian economy and the investment banking sector. The third part of the analysis concerns the reduction of foreign direct investment. Reduction of Greek investments in the banking and telecommunications will grow negative effects.

Keywords

EN

Greek Crisis; negative effects; positive effects; the banking system; investment; public debt

• Publisher: Academicus. International Scientific Journal publishing house
• Journal: Academicus. International Scientific Journal
• Year: 2011
• Issue: 04
• Pages: 130-135

Dates

published

2011

Contributors

author

Veronika Durmishi

author

Valbona Gjini

Identifiers

Biblioteka Nauki

1035824