View previous topic | View next topic

Greece

Page 1 of 1

Zebra57
827068.  Mon Jun 27, 2011 4:58 am Reply with quote

Greece: Capital: Athens
Language: Greek
Population 11,305,118 (2010)
Area: 50,944m2

Greece traces its origins to an ancient civilisation, considered to be the cradle of democracy and Western civilization. The Greeks also founded the Olympic Games, and were advanced in many fields of knowledge including philosophy, science, mathematics and medicine. The writings of early Greeks were taken up by Arab scholars and formed the basis of the cultural "Rebirth" in Europe during the Middle Ages and onwards.

Modern Greece as a state was established in 1830, following Ottoman rule. The Greek throne was said to have been once offered to Lord Byron.

A founder member of the UN and a member of Nato. Greece joined the EU in 1981 and later (controversially) adopted the Euro.

 
PDR
827072.  Mon Jun 27, 2011 5:10 am Reply with quote

Zebra57 wrote:
Greece joined the EU in 1981 and later (controversially) adopted the Euro.


However, recent allegations of currency-abuse have cause the local authority to set up an investigation into this decision. In the mean time the Euro has been made the subject of an emergency care order and removed to the custody of foster parents (Germany and France).

PDR

 
Zebra57
888955.  Fri Feb 24, 2012 8:40 pm Reply with quote

Is Greece on the brink? How many more cuts will the Greek people accept to remain in the Euro?

Greek church leaders have warned the Government about the threat to the fabric of Greek society.

To secure a new loan negotiated internationally, the Greek Government must make further cutbacks including pension reductions and the lowering of the minimum wage. There will also be cuts in education, health care and defence spending to meet terms set out by European partners and the International Monetary Fund.

http://www.ft.com/cms/s/0/221e2e00-5662-11e1-b548-00144feabdc0.html

http://www.dailymail.co.uk/news/article-2095501/Greek-church-leader-warns-social-unrest-unjust-cuts-force-people-hungry.html

 
Posital
888999.  Sat Feb 25, 2012 5:06 am Reply with quote

If they don't get the loan - then they will need to make those cutbacks anyway...

I'm sure this is discussed in another thread...

 

Page 1 of 1

All times are GMT - 5 Hours


Display posts from previous:   

Search Search Forums

Powered by phpBB © 2001, 2002 phpBB Group