The Strategic and Economic Role of Greek Shipping

Capt. John

Greek shipping is a major Greek and EU export industry of strategic importance,reports UGS.

Global Economy

The global economy started in 2018 on a positive note but, as industrial production decelerated, trade slowed and business confidence fell, the momentum lost steam.

Global growth, which peaked at close to 4% in 2017, moderated to 3.6% in 2018 and is projected to decline further to 3.3% in 2019. With improvements expected in the second half of 2019, global economic growth in 2020 is projected...

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