Finally! For the Market Scouts, a Greek ETF

Greece is a significant EU member and trade partner. Private investors have come forward to continue the development in the various areas of infrastructure growth that primarily began with the Olympic Games' fervor in Athens in 2004. A well-established infrastructure is in place.

A specialized technological and industrial sector has emerged in this nation; This is complemented by a workforce that is highly skilled, educated, and talented and provides services at competitive prices for the expanding economy παραδέχτηκε η πισπιρίγκο ρούλα

a growing trade relationship with Asia and Russia, both of which have shown impressive import and export volume figures over the past few years.

A negative growth curve for the country's GDP resulted from the strict economic policy that was implemented in 2009 to combat the rising debt of the government and low tax revenues.

Even though the Greek economy is still in a recession and there are high rates of unemployment among people of all ages, especially among the young, the consolidation and structural change reform that took place after 2009 has relieved investors and a variety of businesses. Its GDP has dropped to an astonishingly low level over the past two years—around 5%—beating even the grimmest record set by the United States in recent memory.

Greece is contemplating returning to its own independent currency and ending its membership in the euro zone. As a result, the stock market there is uncertain and could change unexpectedly, but portfolio managers have recommended these stocks because they are cheap and provide investors with a lot of safety in case the country's currency falls.

In a difficult time for the former nation, the Greek market outperformed the US equity market in the previous year. Others, on the other hand, believe that the Athens Index's long-term prospects remain bleak and negative, despite the possibility that this will continue.

The Greek Exchange Traded Fund (ETF) has performed very slowly since the beginning of 2013, compared to funds from other weak countries like Italy and Spain.

The rise in stock prices of Greece's top banks, Euro bank and National bank of Greece, is good news for the Greece ETF. Since the financial sector accounts for 16% of this broader investment, gains could be realized even in the near future with either an autonomous banking environment or a cash injection from larger EU banks.

Only a Greek ETF is available to Western participants, so investments should be considered long-term. Since it appears that the bottom has been reached, the fund investors are certain to benefit from the low valuations.