Greece anchors economic rebound on shipping

About 3,500 oceangoing vessels generate business worth $18bn a year, representing six percent of Greek economy.

    Greece's economy has been hit hard by the financial crisis but its shipping industry remains competitive.

    Greeks today operate the biggest merchant fleet in the world – at least 3,500 oceangoing vessels, generating business worth $18bn a year at home – more than six percent of the Greek economy.

    The government hopes the country’s flagship business can help turn the economy around - but ship owners are not so sure.

    Al Jazeera's John Psaropoulos reports from Athens.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Learn what India's parties' symbols mean by drawing them

    Learn what India's parties' symbols mean by drawing them

    More than 2,300 political parties have registered for the largest electoral exercise in the world.

    Visualising every Saudi coalition air raid on Yemen

    Visualising every Saudi coalition air raid on Yemen

    Since March 2015, Saudi Arabia and a coalition of Arab states have launched more than 19,278 air raids across Yemen.

    Why did Bush go to war in Iraq?

    Why did Bush go to war in Iraq?

    No, it wasn't because of WMDs, democracy or Iraqi oil. The real reason is much more sinister than that.