Posidonia 2010 may be taking place against the backdrop of Greece's worst financial and social crisis since the fall of its 1967-74 military dictatorship, but the country's shipping industry remains in robust health.rnIn early February it was revealed that the country's budget deficit was 12.7% - more than four times higher than eurozone rules allow - and in April the country was forced to ask the EU and the IMF for financial assistance of up to €45Bn ($59.4Bn) in emergency loans. But against this backdrop of fiscal belt-tightening, it was revealed in April that Greek shipowners had invested some $1.7Bn in vessel purchases during Q1/2010, accounting for more than a quarter (27.8% to be precise) of global ship purchasing.
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