competitiveness and the external trade performance of greece in 1990s a cross sectoral investigation michael g arghyrou evelyn bazina department economics finance brunel university abstract we examine s following accession to eu placing particular emphasis on large part our analysis is based unpublished disaggregated data sets main findings are i sustained heavy losses those sectors where she traditionally held comparative advantage ii greek becomes increasingly intra industry especially holds iii regarding imports participation has caused mutually offsetting stable over time creation for diversion third countries iv not boosted exports negative structural break netherlands germany most important exporting market occurred v demand highly sensitive movements real exchange rate presents high income elasticity hence deterioration deficit related strong drachma policy unfavourable conditions overall indicate that