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Extractions: Sources: The Library of Congress Country Studies; CIA World Factbook Back to Greece Economy The end of the period of growth became obvious after the reestablishment of democracy in Greece in 1974. For both internal and external reasons, the democratic governments that followed the junta were unable to restore growth. Thus, for example, the average annual growth rates of the GDP, which had been 7.6 percent in 1961- 70, dropped to 4.7 percent in 1971-80 and then to 1.4 percent in 1981-90. Clearly the "Greek economic miracle" had come to an end. Greece's return to its association with the EC after ties had been severed during the dictatorship was a major institutional event in the restoration of democracy. In 1981 Greece became a full member of the organization. It was the tenth member in the economic alliance of European nations and the first of the Mediterranean "new democracies" to join the community (Spain and Portugal followed in 1985). Upon achieving membership, Greece began a gradual adjustment of its legislation and elimination of its protectionist policies, leading eventually to full liberalization of trade and the movement of capital and labor. Greek trade became greatly reoriented as a result. In 1980, about 48 percent of Greek exports and 40 percent of imports were destined to, or originated from, EC countries. By 1991 these percentages had risen to 64 and 62 percent, respectively.
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Extractions: The information found below was provided to Industry Canada by STAT-USA ( http://www.stat-usa.gov/ ), and is supplied in English only. Industry Canada assumes no responsibility for the accuracy or timeliness of the information. Any views or opinions expressed are those of the authors. Industry Canada re-publishes U.S. trade opportunities (in International Market Insights) as a courtesy to assist Canadian companies identify potential markets, and not as a recommendation or endorsement of any specific company.
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Extractions: (The articles are in PDF format. If you can't read them you must download Acrobat Reader) Editorial New Investment era in Greece By Panagiotis Koutsikos, ACCI Secretary General ... Prospects for the Greek Economy in 2005. Speech given by the minister of Economy and Finance, Giorgos Alogoskoufis Interview with the minister of Development Dimitris Sioufas. Interview with the Deputy Minister of Economy and Finance, Christos Folias ... Ancient Olympic Coins on contemporary Stamps
Extractions: Source: The Library of Congress Country Studies Unavailable Figure 1. Administrative Divisions of Greece, 1994 Figure 2. Geographic Setting, 1994 FOR GREECE, THE TWENTIETH CENTURY has been a period full of violence and uncertainty. The last years of the century, however, have brought the potential for political stability in a slowly maturing democratic system, and for economic prosperity as a part of a European continent undergoing unprecedented unification. Democracy, the theoretical basis of governance since the foundation of the modern Greek state in 1832, has had its longest and most consistent application in the era that began with the toppling of the military junta in 1974. Economic growth, which virtually stopped in the 1980s, showed signs of revival in the early 1990s, aided by substantial infrastructural aid programs and strict economic guidelines from Greece's partner nations in the European Union ( EU see Glossary). On the negative side, Greece's traditionally difficult relations with neighbor Turkey remained extremely tense as a series of territorial issues were still unresolved in the mid-1990s. And the violently unstable regions of the former Yugoslavia, just to Greece's north, renewed the threat that the wider Balkan turmoil of earlier decades might begin a new chapter.
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Extractions: Free Trade Area Agreements Protection of Investments Avoidance of Double Taxation MFN Trade Agreements with non WTO Members Canada Albania Austria Funds Mexico Argentina Belarus Canada Kazakhstan U.S.A Armenia*** Belgium Singapore Russian Fed. Belarus*** Canada South Korea Ukraine E.U. Bulgaria China United Kingdom Uzbekistan Austria China*** Czech Rep U.S.A. Vietnam* Belgium Croatia*** Denmark Denmark Cyprus*** Finland Finland Czech Republic France Co-operation France El Salvador*** Germany Belgium Germany Estonia Greece China Greece Georgia Hungary France Ireland Germany India Hong Kong Italy Hungary Ireland India Jordan Luxembourg India Italy Ireland Russian Fed. Netherlands Kazakhstan Jamaica Netherlands Ukraine Portugal Latvia Japan Portugal Spain Lithuania Netherlands Spain Sweden Moldova Norway Fifth Framework United Kingdom Poland Philippines E.U.
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Extractions: Home Iran Business Global Net Trade Opportunities ... English Location: Southern Europe, bordering the Aegean Sea, Ionian Sea, and the Mediterranean Sea, between Albania and Turkey Area: total: 131,940 sq km Population: 10,647,529 (July 2004 est.) Languages: Greek 99% (official), English, French Economy - overview: Greece has a mixed capitalist economy with the public sector accounting for half of GDP and with per capita GDP 70% of the leading euro-zone economies. Tourism provides 15% of GDP. I ndustries: tourism; food and tobacco processing, textiles; chemicals, metal products; mining, petroleum Exports - commodities: food and beverages, manufactured goods, petroleum products, chemicals, textiles Imports - commodities: machinery, transport equipment, fuels, chemicals Currency: euro (EUR) Useful links: Office of the Prime Minister Greek Parliament Ministry of Foreign Affairs Ministry of Agriculture ... National Centre for Social Research Air Greece Athens Airport No. of Visitors :
