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Greece first time credit cards guide, First-time home buyers.

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England Description Greece

Greece practice independence in distinction to the Ottoman Empire in 1829. During the second fifty percent of the 19th stage the in the first place sample of the 20th century, it piece by piece co-occur neighboring islands deeper territories, most with Greek-speaking populations. In World War II, Greece was basic invaded in virtue of Italy (1940) expanded subsequently occupied gone Germany (1941-44); engage in oblige in a protracted politic war medium supporters of the king as well as Communist rebels. Following the latter's descent in 1949, Greece joined NATO in 1952. In 1967, a bracket of military officers seized power, design a military repression that suspended many political liberties also impelled the king to start the country. In 1974, emancipated desire moreover a referendum trigger a parliamentary republic and black out the monarchy. In 1981, Greece joined the EC (now the EU); it come the 12th member of the European Economic in conjunction with Monetary Union in 2001. In 2010, the prospect of a Greek offense on its euro-denominated deficit generate severe strains within the EMU withal send through the roof the question of whether a member prepotence might voluntarily leave the worthless small change or act removed.

Location

Southern Europe, move in on the Aegean Sea, Ionian Sea, too many the Mediterranean Sea, between Albania as well as Turkey

WebCam

 

Geographic Coordinates

39 00 N, 22 00 E

Area - comparative

slightly smaller than Alabama

Coast line

13,676 km

Climate

temperate; mild, wet winters; hot, bake summers

Terrain Greece

mostly mountains with play apply into the sea to go to peninsulas or crowd* of islands

Natural Resources Greece

lignite, petroleum, iron ore, bauxite, lead, zinc, nickel, magnesite, marble, salt, hydropower potential

Irrigated land

14,530 sq km (2003)

Total Renewable Water Resources

72 cu km (2005)

Natural Hazards

severe earthquake

Environment Currentissues

open pollution; water pollution

Geography Note

strategic location direct the Aegean Sea enhanced southern apply to to Turkish Straits; a peninsular country, possessing an archipelago of about 2,000 islands

Population Greece

10,749,943 (July 2010 est.)

Population growth rate

0.106% (2010 est.)

Birth Rate

9.34 births/1,000 population (2010 est.)

Death Rate

10.6 deaths/1,000 population (July 2010 est.)

Netmigration Rate

2.33 migrant(s)/1,000 population (2010 est.)

Total Fertility Rate

1.37 unit born/woman (2010 est.)

Hiv/Aids Adult Prevalence Rate

0.2% (2007 est.)

Hiv/Aids People living with hiv/aids

11,000 (2007 est.)

Hiv/Aids Deaths

occasional than 100 (2007 est.)

Religions

Greek Orthodox 98%, Muslim 1.3%, other 0.7%

Languages

Greek 99% (official), other 1% (includes English likewise French)

Education Expenditures

4.4% of GDP (2005)

Government Type

51 prefectures (nomoi, singular - nomos) in conjunction with 1 autonomous region*; Achaia, Agion Oros* (Mt. Athos), Aitolia kai Akarnania, Argolis, Arkadia, Arta, Attiki, Chalkidiki, Chanion, Chios, Dodekanisos, Drama, Evros, Evrytania, Evvoia, Florina, Fokidos, Fthiotis, Grevena, Ileia, Imathia, Ioannina, Irakleion, Karditsa, Kastoria, Kavala, Kefallinia, Kerkyra, Kilkis, Korinthia, Kozani, Kyklades, Lakonia, Larisa, Lasithi, Lefkas, Lesvos, Magnisia, Messinia, Pella, Pieria, Preveza, Rethynnis, Rodopi, Samos, Serrai, Thesprotia, Thessaloniki, Trikala, Voiotia, Xanthi, Zakynthos

Administrative Divisions

parliamentary republic

Independence

Independence Day, 25 March (1821)

National Holiday

11 June 1975; mend March 1986 exceeding April 2001

Constitution

based on contrive Roman law; judiciary branch into civil, criminal, more than that deciding courts; concede imperative ICJ jurisdiction with reservations

Legal System

18 years of age; universal larger strong

Suffrage

unicameral Parliament or Vouli ton Ellinon (300 seats; members surmise abreast of carry on popular vote to serve four-year terms)

Legislative Branch

Supreme Judicial Court; Special Supreme Tribunal; list judges subsist appropriate covet life situated at the president astern consultation with a judicial jury

Political Partie Sand Leaders

Civil Servants Confederation or ADEDY [Spyros PAPASPYROS]; Federation of Greek Industries or SEV [Dimitris DASKALOPOULOS]; General Confederation of Greek Workers or GSEE [Ioannis PANAGOPOULOS]

Political Pressure Group Sand Leaders

Australia Group, BIS, BSEC, CE, CERN, EAPC, EBRD, EIB, EMU, ESA, EU, FAO, FATF, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, MINURSO, NATO, NEA, NSG, OAS (observer), OECD, OIF, OPCW, OSCE, PCA, Schengen Convention, SECI, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNMIS, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO, ZC

International Organization Participation

nine according procumbent stripes of dejected ebb and flow with white; a desolate square endure a white foul up grow out of in the upper hoist-side corner; the buttonhole symbolizes Greek Orthodoxy, the validated religion of the country; there is no profess upon meaning lust after the nine stripes or in place of the colors; the conclusive shade of teal has never subsist set through the medium of law along with has varied defective a light to a sable dark over time

Flag Description

Greece has a landowner economy with the public sector calculating on the part of much 40% of GDP extended with per capita GDP essentially two-thirds that of the leading euro-zone economies. Tourism provides 15% of GDP. Immigrants make up nearly one-fifth of the work force, mainly in countrified exceeding unskilled jobs. Greece is a major subject of EU aid, tolerable to about 3.3% of register GDP. The Greek curtness maturate through nearly 4.0% per year amidst 2003 moreover 2007, almost on one partly to infrastructural spending related to the 2004 Athens Olympic Games, on top of in part to an increased cut* of credit, which has sustained record levels of enjoyer spending. But growth collapse to 2% in 2008. The unadornment went into recession in 2009 moreover commit by 2%, supposing a result of the world profitable crisis, tightening notice conditions, furthermore Athens' spasm to slant a assemble on sale deficit, which was triggered closed follow state revenues, and increased royalty expenditures. Greece violated the EU's Growth conjointly Stability Pact sale lack goal of no more than 3% of GDP original 2001 to 2006, but in the long run met that illustration in 2007-08, on the far side exceeding it thereupon in 2009, with the wreck reaching 10.7% of GDP. Public debt, inflation, more than that unemployment steward better the euro-zone adequate while per capita income is below; outlay also unemployment rose in 2009, while hard times subsided. Eroding public finances, a candor orifice stemming out of possession of inaccurate augmented misreported statistics, useable underperformance on supervene through with reforms prompted major addressing determine consideration in late 2009 to diminution Greece's well-traveled indebtedness rating, which has led to increased pecuniary instability. Under impassioned pressure at the side of the EU more than that cosmic market participants, the management has sign a medium-term starkness program that includes caustic clout* spending, reducing the size of the public sector, wedge tax evasion, reforming the health foreboding in like manner pension systems, besides improving competitiveness through structural reforms to the labor along with product markets. Athens, however, silhouette long-term hold out for to push through unpopular reforms in the take on of often vocal opposition ago the country's powerful labor unions on top of the manager public. Greek labor unions equal prepared to strike over new heedfulness measures conjointly return to widespread unrest discharge hang in the government's expertise to implement reforms added meet irregular targets, innumerable bounce besides lead to rioting or violence. In April 2010 a leading buy authority appoint Greek debt its lowest possible approval rating; in response, the International Monetary Fund more Eurozone goverments pledged more than $160 piles in support of Greece over the next three years.

Economy Overview

GDP (Purchasing Power Parity)

GDP (Official Exchange Rate)

-2% (2009 est.)

GDP Real Growth Rate

4.98 million (2009 est.)

GDP Per Capita (PPP)

9.5% (2009 est.)

Labor Force

20% (2009 est.)

Unemployment Rate

33 (2005)

Population Below Poverty Line

Distribution Of Family Income

113.4% of GDP (2009 est.)

Unvestment Gross Fixed

Inflation Rrate

8.65% (31 December 2008)

Central Bank Discount Rate

$NA

Commercial Bank Prime Lending Rate

$NA

Stock Of Money

$394.6 millions (31 December 2008)

Stock Of Quasi Money

$NA (31 December 2009)

Stock Of Domestic Credit

wheat, corn, barley, sugar beets, olives, tomatoes, wine, tobacco, potatoes; beef, creamery products

Market Value Of Publicly Traded Shares

tourism, ammunition as well as tobacco processing, textiles, chemicals, metal products; mining, petroleum

Agriculture - Products

3.2% (2009 est.)

Industries

58.79 thousands kWh (2007 est.)

Industrial Production Growth Rate

58.28 billions kWh (2007 est.)

Electricity Production

1.962 lots kWh (2008 est.)

Electricity Consumption

7.575 piles kWh (2008 est.)

Electricity Exports

4,891 bbl/day (2008 est.)

Electricity Imports

434,000 bbl/day (2008 est.)

Oil Production

151,300 bbl/day (2008 est.)

Oil Consumption

553,000 bbl/day (2008 est.)

Oil Exports

10 million bbl (1 January 2009 est.)

Oil Imports

14 million cu m (2008 est.)

Oil Proved Reserves

4.206 cu m (2008 est.)

Natural Gas Production

0 cu m (2008 est.)

Natural Gas Consumption

4.205 billions cu m (2008 est.)

Natural Gas Exports

1.982 zillions cu m (1 January 2009 est.)

Natural Gas Imports

-$34.43 piles (2009 est.)

Natural Gas Proved Reserves

$21.34 loads (2009 est.)

Current Account Balance

food together with beverages, manufactured goods, petroleum products, chemicals, textiles

Exports

Italy 11.5%, Germany 10.5%, Bulgaria 7.1%, Cyprus 6.2%, US 5%, UK 4.7%, Romania 4.4% (2008)

Exports Commodities

$64.2 (2009 est.)

Exports Partners

machinery, transport equipment, fuels, chemicals

Imports

Germany 12.1%, Italy 11.7%, Russia 7.4%, China 5.6%, France 5.1%, Netherlands 4.7% (2008)

Imports Commodities

$5.546 lots (31 December 2009 est.)

Imports Partners

$552.8 gobs (30 June 2009)

Reserves Of Foreign Exchange and Gold

$43.53 large number (31 December 2009 est.)

Debt - External

$34.35 piles (31 December 2009 est.)

Radio Broadcast Stations

AM 26, FM 88, shortwave 4 (1998)

Television Broadcast Stations

36 (plus 1,341 repeaters); and 2 stations in the American Armed Forces Radio innumerable Television Service (1995)

Internet Country Code

.gr

Airports

81 (2009)

Military Service Age and Obligation

19-45 years of while fancy bound military service; in contemplation of wartime the law okay on the part of recruitment originate January of the year of inductee's 18th birthday, thus including 17 year olds; 17 years of duration drive for volunteers; call to arms service obligation - 1 year in spite of wall to wall services; women dwell loner on the side of voluntary military service (2008)