Greece Economy Facts
Economical overview Greece has been in a constant economic crisis since the autumn of 2008 – the deepest so far in an EU country. During the period 2009–2014, the country’s gross domestic product (GDP)...
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Economical overview Greece has been in a constant economic crisis since the autumn of 2008 – the deepest so far in an EU country. During the period 2009–2014, the country’s gross domestic product (GDP)...
BEACH HOLIDAYS Most of the beaches in Greece are municipal. Therefore, the use of sun loungers and umbrellas on them is paid. The cost is about 4 EUR per day. The vast majority of...
Indeed, in the Peloponnese, both in Sparta and in the remaining cities, poetry and all the arts in general never had a great splendor. The Dorians – at least in the motherland – proved...
Therefore the Ionic lyric, of the elegy and of the giambo, found diffusion and continuation also among the other races of Greece. However, the other lineages – that is, the Aeolians and the Dorians...
4: A changed EU One of the reasons why these different stories are true is that the EU is growing away from the old explanations for why the union does not have greater popular...
5: A euro crisis Euro co-operation consists of 17 EU member states , which have the euro as their common means of payment. The European Central Bank (ECB) is responsible for monetary policy for...
On the other hand, Germany has improved its competitiveness by seven to eight percent. The result has been that countries such as the Netherlands and Germany went with surpluses in the foreign economy, while...
Tighter regulations require – to varying degrees – international cooperation to be fully effective. Without such cooperation, banks may threaten to move to where they receive the most favorable terms. We can have what...
For such a system to work, banks that take greater risks than the usual “useful” banks must actually be able to go bankrupt. The idea is that the more speculative investment banks and other...
The distribution between the government spending the money itself and handing it over to households in the form of tax breaks varied between countries. One rule seems to be that the more social democratic...
In March 2009, it looked really dark for the world economy. Everything pointed downwards. Since then, stock markets around the world have risen significantly, and the fall in world trade has stopped. It may...
Top 3 tourist attractions in Greece The beaches are undoubtedly one of the most popular attractions in Greece. But Greece is best known for its historical witnesses and archaeological finds. The importance for many...