GREECE

May

Greece

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From Wikipedia, the free encyclopedia

Greece, officially the Hellenic Republic (Ελληνική Δημοκρατία), is a country in southeastern Europe, situated on the southern end of the Balkan Peninsula. It is bordered by Albania, the Former Yugoslav Republic of Macedonia and Bulgaria to the north and by Turkey to the east. The Aegean Sea lies to the east and south of mainland Greece, while the Ionian Sea lies to the west. Both, parts of the eastern Mediterranean basin, feature a vast number of islands.

Greece lies at the juncture of Europe, Asia, and Africa. It is heir to the heritages of classical Greece, the Byzantine Empire, and nearly four centuries of Ottoman rule. Regarded as the cradle of western civilization and being the birthplace of democracy, Western philosophy, the Olympic Games, western literature, political science, major scientific principles and drama (including both tragedy and comedy), Greece has a particularly long and eventful history and a cultural heritage which has been considerably influential in Europe, Northern Africa and the Middle East.

Today, Greece is a developed country, a member of the European Union since 1981, a member of the Economic and Monetary Union of the European Union since 2001, NATO since 1951, the OECD since 1960, the WEU since 1995, and the ESA since 2005. Athens is the capital; Thessaloniki, Piraeus and Patras are some of the country’s other major cities.

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May

Geography

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Categories: Geography

Greece consists of a mountainous and craggy mainland jutting out into the sea at the southern end of the Balkans. The Peloponnesus peninsula (separated from the mainland by the canal of the Isthmus of Corinth); and numerous islands (around 2,000), including Crete, Euboea, Lesbos, Chios, the Dodecanese and the Cycladic groups of the Aegean Sea as well as the Ionian Sea islands. Greece has the tenth longest coastline in the world with 14,880 km; its land boundary is 1,160 km (721 mi).

Four-fifths of Greece consist of mountains or hills, making the country one of the most mountainous in Europe. Western Greece contains a number of lakes and wetlands and it is dominated by the Pindus mountain range. Pindus has a maximum elevation of 2,636 metres (8,648 ft) and it is essentially a prolongation of the Dinaric Alps.

The range continues through the western Peloponnese, crosses the islands of Kythera and Antikythera and find its way into southwestern Aegean, in the island of Crete where it eventually ends. (the islands of the Aegean are peaks of underwater mountains that once constituted an extension of the mainland). Pindus is characterized by its high, steep peaks, often dissected by numerous canyons and a variety of other karstic landscapes. Most notably, the impressive Meteora formation consisting of high, steep boulders provides a breathtaking experience for the hundreds of thousands of tourists who visit the area each year. Special lifts transfer visitors to the scenic monasteries that lie on top of those rocks. Meteora is situated in the Trikala prefecture. The Vikos-Aoos Gorge is yet another spectacular formation. The Vikos-Aoos Gorge is a popular hotspot for those fond of extreme sports. The mythical Mount Olympus is the highest mountain in the country, located in the southwestern Pieria prefecture, near Thessaloniki. Mytikas in the Olympus range has a height of 2,920 metres (9,570 ft) at its highest peak. Once considered the throne of the Gods, it is today extremely popular among hikers and climbers who deem its height as a challenge. Moreover, northeastern Greece features yet another high altitude mountain range, the Rhodope range, spreading across the periphery of East Macedonia and Thrace; this area is covered with vast, thick, ancient forests. The famous Dadia forest is in the prefecture of Evros, in the far northeast of the country.

Expansive plains are primarily located in the prefectures of Thessaly, Central Macedonia and Thrace. They constitute key economic regions as they are among the few arable places in the country. Volos and Larissa are the two largest cities of Thessaly. Rare marine species such as the Pinniped Seals and the Loggerhead Sea Turtle live in the seas surrounding mainland Greece, while its dense forests are home to the endangered brown bear, the lynx, the Roe Deer and the Wild Goat.

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May

Economy

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Categories: Economy

Greece operates a capitalist economy that produced a GDP of $251.7 billion in 2006. The principal economic activities mainly include the tourism and shipping industries, banking & finance, manufacturing and construction and telecommunications. The country serves as the regional business hub for many of the world’s largest multinational companies.

The people of Greece enjoy a high standard of living. Greece ranks 24th in the 2006 HDI, 22nd on The Economist’s 2005 world-wide quality-of-life index, and it has an average per capita income that has been estimated at $27,360 for the year 2007, or around 93% of the EU average.

Greece’s present prosperity is largely owed to the post-WWII “Greek economic miracle” (when GDP growth averaged 7% between 1950 and 1973), the implementation of a number of structural and fiscal reforms, combined with considerable European Union funding over the last twenty-five years and increasing private consumption. The latter facts have contributed to a consistent annual growth of the Greek GDP that was surpassing the respective one of most other EU partners.

Today, Services (74.4%), make up the largest, most vital and fastest-growing sector of the Greek economy, followed by industry (20.6%) and agriculture (5.1%). The tourism industry is a major source of foreign exchange earnings and revenue accounting for 15% of Greece’s total GDP and employing (directly or indirectly) 659,719 people (or 16.5% of total employment). In 2005, Greece welcomed almost 18 million visitors and in 2006 that figure almost reached 20 million.

The Greek banking & finance sector is also an important source of revenue and employment and Greek banks have invested heavily in the Balkan region. The manufacturing sector accounts for about 13% of GDP with the food industry leading in growth, profit and export potential. High-technology equipment production, especially for telecommunications, is also a fast-growing sector. Other important areas include textiles, building materials, machinery, transport equipment, and electrical appliances. Construction (10%GDP) and agriculture (7%) are yet two other significant sectors of the Greek economic activity.

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May

Demographics

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According to the NSSG, Greece’s total population in 2005 was 11,082,752, of whom 5,486,632 were males and 5,596,119 females. As statistics from 1971, 1981 and 2001 show, the Greek population has been aging the past several decades. The birth rate in 2003 stood 9.5 per 1,000 inhabitants (14.5 per 1,000 in 1981). At the same time the mortality rate increased slightly from 8.9 per 1,000 inhabitants in 1981 to 9.6 per 1,000 inhabitants in 2003. In 2001, 16.71% of the population were 65 years old and older, 68.12% between the ages of 15 and 64 years old, and 15.18% were 14 years old and younger. In 1971 the figures were 10.92%, 63.72% and 25.36% respectively. Greek society has also rapidly changed with the passage of time. For example, marriage rates kept falling from almost 71 per 1,000 inhabitants in 1981 until 2002, only to increase slightly in 2003 to 61 per 1,000. Divorce rates on the other hand, have seen an everlasting and accelerating increase – from 89.2 per 1,000 marriages in 1981 to 191 per 1,000 marriages in 2002.

Almost two-thirds of Greeks live in urban areas. Greece’s largest cities in 2005 were: Athens (3,190,336), Thessaloniki (980,419), Patra (216,592),Larissa (207,000), Iraklio (188,650) and Volos (151,591).

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May

Culture

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Categories: Culture

Greek culture evolved over thousands of years, with its beginnings in the Mycenean and Minoan civilizations, continuing into Classical Greece, the birth of the Hellenistic era and through the influence of the Roman Empire and its Greek Eastern successor the Byzantine Empire. The Ottoman Empire also had a significant influence on Greek culture, but the Greek war of independence is credited with revitalizing Greece and giving birth to a single entity of its multi-faceted culture throughout the ages. Ancient Greece is often referred to as “the cradle of Western civilization”.

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May

Sports

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Categories: Sports

The Greek national football team is the reigning UEFA Europian Champions having won the EURO 2004. In the final, the team managed to beat their Portuguese opponents by 1-0. They are as of March ranked 15th in the world, and are currently second in their 2008 UEFA European Football Championship qualifying. The Greek Super League is the highest professional football league in the country. Currently sixteen clubs compete in that league, playing each other twice, once at home and once away. At the end of each season, the bottom three clubs are relegated to the Second National League only to be replaced by the top three teams from that particular league. The top three most known teams are AEK, Panathinaikos and Olympiacos.

The men’s Greek national basketball team is equally successful. Greece is generally considered an important power in international basketball and the national team is regarded as one of the best in the world. They have won the European Championship twice, once in 1987 and again in 2005, and have reached the final four in three of the last four FIBA World Championships (1994, 1998, 2006) taking second place in 2006. They currently are ranked 5th in the world. The domestic Greek basketball league, A1 Ethniki is composed of fourteen teams.

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May