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GR

Greece

Europe · Athens · EUR (Euro)

GDP
$256.24B
nominal, USD
GDP growth
2.3%
real, annual
Inflation
2.7%
annual
Market cap
$109.62B
total listed, USD

Economy & industry overview

Greece is a high-income, open economy in Southern Europe and a member of the European Union and the Eurozone. Its economy is driven primarily by services, with tourism and shipping being the two most distinctive pillars; Greece controls the world's largest merchant fleet by deadweight tonnage. The financial sector is anchored by four systemic banks that underwent significant restructuring and recapitalization following the sovereign debt crisis of the 2010s. Industry contributes roughly 18% of GDP, with petroleum refining, aluminium, food processing, chemicals, and renewable energy being key subsectors. GDP growth has been positive since 2022, supported by record tourism revenues, rising investment, and ongoing EU-funded infrastructure projects.

Key sectors

Banking & Financial ServicesTourism & HospitalityShipping & MaritimeTelecommunicationsPetroleum Refining & EnergyRetailRenewable EnergyConstruction & InfrastructureFood & BeveragesPharmaceuticals & Chemicals
Learn everything about Greece →

Macro

GDP nominal, USD$256.24B
GDP growth real, annual2.3%
Inflation annual2.7%
Population people10.4M
GDP per capita USD$24,700
Market cap total listed, USD$109.62B
Market cap / GDP42.8%
Unemployment10.1%
Listed companies166
ExchangeEuronext Athens (Athens Stock Exchange / ATHEX) (ATHEX)

Data year: 2024. Sources: IMF World Economic Outlook (April 2026), World Bank National Accounts Data (2024), TheGlobalEconomy.com (World Bank source, 2024), Euronext Athens / ATHEX Official Exchange Data (2024), Wikipedia – Athens Stock Exchange, Wikipedia – Economy of Greece, Watson Farley & Williams – Greek Golden Visa Law No. 5100/2024, GlobalResidenceIndex.com – Greece Golden Visa 2026, GlobalCitizenSolutions.com – Greece Golden Visa New Rules 2026, DebtClock.io – Greece Economic Data 2024, FinancialFilings.com – Greece Listed Companies, Greek City Times – Largest Greek Companies by Market Cap.

Largest listed companies

The biggest companies on the main local exchange, by market capitalisation.

# Company Sector Market capUSD US listing

US-traded ETFs

Funds listed in the US that give exposure to this market, the simplest route for many US investors.

ETF Scope Expense ratioannual % Exposure% of fund

Local exchange & access

ExchangeEuronext Athens (Athens Stock Exchange / ATHEX)
CodeATHEX
Websiteathens.euronext.com/en
CurrencyEUR

Local broker access

Euronext Athens (ATHEX) equities are traded in EUR and settle via Euronext Securities Athens (formerly ATHEXCSD) on a T+2 basis. Retail investors outside Greece can access ATHEX-listed stocks through major European online brokers (e.g. Interactive Brokers, DEGIRO, Saxo Bank) that provide access to European regulated markets. Several large Greek companies also trade on US OTC markets as ADRs or via NYSE/NASDAQ listings. US-listed ETFs provide additional indirect exposure. Greek brokerage accounts are subject to local regulatory oversight by the Hellenic Capital Market Commission (HCMC).

Global brokers with foreign-market access

Listed for convenience only. Not a recommendation. Available markets, fees and onboarding rules differ by broker and by your country of residence.

Relocation & residency

Investment visa / residency programme

Grants Permanent residency permit (5-year, renewable); not direct citizenship

Greece operates a residency-by-investment programme (Golden Visa) established in 2013 under which non-EU nationals can obtain a five-year renewable permanent residence permit through qualifying real estate investment. Following Law No. 5100/2024 effective from 1 September 2024, a three-zone investment threshold system applies: (Zone A) €800,000 minimum for high-demand areas including the entire Attica region (Athens), Thessaloniki, Mykonos, Santorini, and islands with populations over 3,100; (Zone B) €400,000 minimum for all other areas of Greece, with property of at least 120 sq m required; (Zone C) €250,000 minimum retained solely for conversion of commercial buildings to residential use or restoration of heritage/listed buildings. Investment must be directed into a single property; short-term rental use (e.g. Airbnb) and use as a registered company office are prohibited. The permit covers the investor and dependent family members. Residency can lead to naturalization and Greek (EU) citizenship after seven years of legal residence, but there is no direct citizenship-by-investment route.

Minimum investment: $429.00K

Need help applying? Specialist investment-migration advisers such as Henley & Partners.

Foreign-investor access

Greece is an EU and Schengen Area member. Non-EU nationals residing legally in Greece may access Greek public healthcare and education. Greece levies a flat 7% tax on foreign-source pension income for qualifying new tax residents under a special regime, and a lump-sum €100,000 annual tax regime is available for high-net-worth individuals relocating their tax domicile to Greece. Digital nomad visas for non-EU remote workers are also available. The official language is Greek; English is widely spoken in business and tourist areas.

US-listed ADRs & cross-listings

Companies from this country whose shares also trade in the US, investable in a normal US brokerage account.

CompanyUS tickerLocal tickerNote
Alpha BankALBKYALPHAOTC-traded ADR for Alpha Bank (Alpha Services and Holdings S.A.), one of Greece's systemic banks. UniCredit holds a strategic 29.8% stake.
Eurobank Ergasias Services and HoldingsEGFEYEUROBOTC-traded ADR (Pink Sheets) for one of Greece's four systemic banks. Less liquid than NBG but provides US investor access to Eurobank.
Hellenic Telecommunications Organisation (OTE)HLTOYOTEOTC-traded ADR for OTE, Greece's incumbent telecommunications operator majority-owned by Deutsche Telekom. Provides US exposure to the Greek telecom sector.
National Bank of GreeceNBGETENYSE-listed ADR for Greece's oldest and one of its largest banks. Each ADR represents 1 ordinary share. One of the most liquid US-accessible Greek equity instruments.
Piraeus BankBPIRYTPEIROTC-traded ADR for Piraeus Financial Holdings / Piraeus Bank, the fourth systemic Greek bank. Trades on OTC markets with limited liquidity.
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