The EIU also predicts that Greece could leave the Eurozone by 2022, meaning that Greece would move from the Euro to the Drachma for currency, which could create political and economic chaos through its transition.
Although Greece comes with an inherent level of risk following their financial crisis from 2009-16, financial and political instability should not immediately close the door on this manufacturing opportunity, as it could result in an opportunity loss for this corporation. For instance, if we develop the manufacturing facility in Greece by the end of 2018, we will not recoup the cost of the $100M plant until mid-2022, if Greece leaves the Eurozone in 2022 like predicted. The company will need to determine the possible costs and outcomes of this, as well as other factors through use of quantitative analysis methods. Internally, our team can conduct a Monte Carlo Simulation, which models the probability of a multitude of outcomes that cannot be predicted easily due to many factors which assist in understanding the impact of ricks and the uncertainty of other prediction models; other quantitative analysis methods that can be used include sensitivity and scenario analysis, which can all be calculated using