The Determinants and the Impact of Foreign Direct Investment (FDI ) on the Hellenic Financial Sector and a Com tallyison with turkey and Romania . A Quantitative Research from the Milestone (for Greece ) year of 2004 up to 2008Greece is a region situated in the southeastern portion of the European continent . It is a knownfact that this country has successfully completed the deuce-ace phases accession requirement of theEuropean pecuniary coupling (EMU ) in worsening 2004 . It is a known fact that the country has acapitalist economy forever since .
Gert-Jan Hogeweg (1996 , Head of the monetary , Economic andStatistics Department of the European Monetary Institute , revealed that the conditions set by theEuropean Union (EU ) to be a convergence member involve maintaining bud light shortfall of slight than3 of their gross domestic product , a debt dimension of less than 6 of GDP , and inflation of less than 2 and interest ratescomparable to EU intermediate ( Convergence , 7th par ) Romania , the neighboring country of Greecehas overly been acceded to EU and also a focussed member as of January 1 , 2007 . Turkey is beingconsidered as the first Muslim country to be acceded to the European Union and the earliest date thataccession will be completed check to blogger Lucia Kubosova (2007 of EUobserver will be2013 (1st par Greece and Romania in the light of being convergent members of the European Union chamberpot behypothesized as having a more stable economy than Turkey who is not yet a member . Having ast able economy...If you want to get a full ess! ay, sight it on our website: OrderEssay.net
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