The Hellenic Association of Treasurers (HAT) is pleased to present two research reports developed by the HAT Research Group, contributing to a deeper understanding of Greece's macroeconomic environment, financial stability and investment outlook.
Covering the period 2002–2024, both studies combine quantitative analysis with practical financial perspectives, examining key structural challenges facing the Greek economy and their implications for corporate treasurers, financial institutions, investors and policymakers.
Foreign Direct Investment & Macroeconomic Stability in Greece
2026 | Research Period: 2002–2024
This report explores the relationship between Foreign Direct Investment (FDI) and Greece's macroeconomic stability, examining how economic growth, price-level developments, sovereign risk and major economic crises interact with foreign investment flows.
Through econometric analysis, the study investigates the role of investor confidence and macroeconomic fundamentals in attracting sustainable investment, while highlighting the implications for corporate funding, liquidity management, risk assessment and long-term capital allocation.
The findings underline the importance of economic resilience, institutional credibility and stable financing conditions in supporting Greece's investment attractiveness.
HAT Research Group - FDI And Macroeconomic Stability in Greece.pdf
Greece's Balance of Payments: Financial & Quantitative Analysis
2025 | Research Period: 2002–2024
This study provides an in-depth quantitative assessment of Greece's Balance of Payments, analysing the structural drivers of the country's external economic position.
Focusing on the persistent goods trade deficit, the positive contribution of services—particularly tourism and shipping—and the interaction between different components of the Current Account, the report identifies key vulnerabilities and examines potential future developments through statistical forecasting.
The research highlights the importance of strengthening competitiveness, diversifying exports and addressing structural imbalances to support long-term economic stability, with direct implications for financing conditions, country risk and corporate treasury management.
HAT Research Group - Financial & Quantitative Analysis in Greece_s BoP.pdf
Together, these publications offer complementary perspectives on Greece's economic resilience: one examining the country's ability to attract international investment, and the other assessing the sustainability of its external financial position.
Through these studies, HAT aims to encourage informed discussion, promote evidence-based financial decision-making and contribute to the broader dialogue on Greece's economic development.