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Business in Greece is conducted in a similar fashion to Italy or Spain rather than their northern European counterparts. A formal dress style is adhered to; dark, conservative suits for men and women are best. Punctuality is not favored in Greece and often hosts arrive late to meetings. A firm handshake with eye contact is the norm for greeting men and women for the first time. Business cards should be printed in both Greek and English, although there is no ritual surrounding the exchange. Meetings may last for several hours without any discussion of business, as Greeks like to assess the person with whom they are engaging. Greek culture adheres to a hierarchical structure and respect should be shown accordingly. The giving of gifts is common in social circumstances though not necessarily in business. Business hours are generally 8.30am to 1pm and 3pm to 6pm Monday to Friday.
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