Academicus International Scientific Journal

Title:
The Greek crisis effects on the Albanian economy  

Author(s):
Doctoral Candidate Veronika Durmishi
veronika_durmishi@yahoo.com
University “Pavarësia”, Vlorë, Albania
Doctoral Candidate Valbona Gjini
v_gjini@yahoo.com
University “Ismail Qemali“, Vlore, Albania

Abstract:
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:
Greek Crisis, negative effects, positive effects, the banking system, investment, public debt

Full Text PDF:
Academicus-MMXI-4-130-135.pdf

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References:
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Digital Object Identifier DOI:
https://dx.medra.org/10.7336/academicus.2011.04.11


Licensing:   Creative Commons License
The article's content ©Academicus™ The Greek crisis effects on the Albanian economy by Dr. (PhD) Veronika Durmishi , Doctoral Candidate Valbona Gjini is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Presented: April 2011
Included for Publishing: June 2011
Published: July 2011, Volume 2, Issue 4

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