Here’s how Greece can dominate the lucrative global olive oil, feta cheese and greek yogurt business
Financial distress and political turmoil persists in Greece. And now a Greek exit from the euro is what everyone is buzzing about these days. However, there are numerous actions Greece can take to help turnaround its desperate financial position. Earlier this year, consulting firm McKinsey & Co. published a study titled Greece 10 Years Ahead: Defining Greece’s New Growth Model and Strategy, a new growth plan for the financially beleaguered country. Among other things, McKinsey argues that Greece needs to be more involved in processing foods that currently leave its country as low margin unfinished goods. Greece has some of the most amazing food commodities in the world. However, it lacks the capacity to process it and sell it at high profit margins.