Problem with Greece is a very uncompetitive business culture. Greece has a whole slew of products that could be successfully marketed worldwide. Italy has many of the same products and has successful industries built around them. Food: cheeses and dairy products, herbs and spices, olive oil, fruit and vegetables, meat and by products. I've lived in Italy and Spain and I'll venture to say that some of the Greek products are the finest but who has ever heard of any Greek cheese other than Feta? Wines: there is a growing, wine industry here producing excellent wines but outside of Greece, it's all about Retsina. Tourism: Greece is chockful of places of incredible natural beauty which they could exploit aggressively and imaginatively, if only they would leave behind the old model of the super tourist complex that only misallocates precious resources and ends up falling to bits. Marble and stone: Extraordinarily cheap, it is feasible to build an entire house out of stone here, a luxury in any other place, yet it is the Chinese who are exporting stone to the rest of Europe. Shipping: probably the richest and most successful industry in Greece, yet controlled by a handful of the elite.

So yes, the products and potential are here, it is the mindset that has to change.