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Greece has a capitalist economy with the public accounting for around 40 percent of the gross domestic product, or GDP. The majority of Greece's economy centers around the service sector, which... Greece has a capitalist economy with the public accounting for around 40 percent of the gross domestic product, or GDP. The majority of Greece's economy centers around the service sector, which...
Minerals in the National Economy Mining has been significant to the Greek economy since ancient times. The mineral industry produced or processed metals, industrial minerals, and mineral fuels.During the past 20 years, the significance of the mineral industry to the Greek economy had slowly lessened.In 2009, Greece was a leading bauxite producer in the eU, and S&B Industrial Minerals S.A. controlled most of the significant bauxite reserves in Greece. The major bauxite deposits are located in central Greece within the Parnassos-Ghiona geotectonic zone and on evoia Island.