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An Overview of the Modern Greek Economy

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Abstract

Although no economy is problem-free, some can boast of strengths that far outweigh their weaknesses. Not so to-day’s Greece. True, by the mid-1970s the Greek people had managed to house themselves amply and satisfactorily (but at the cost of anarchic, thoughtless city-planning); almost all Greeks nowadays eat well (perhaps too well!1), whilst many certainly spend more time enjoying themselves than working productively.2 Above all, a Greek (or an Australian or a Spaniard) born in 1992 would expect to live longer (76.9 years) than a person from any other country but four: Japan (79.5), Iceland (78.2), Sweden (78.2), and Switzerland (78).3

Keywords

Interest Rate European Union Public Sector Informal Economy Trade Deficit 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Nicholas G. Pirounakis 1997

Authors and Affiliations

  1. 1.Economic Research and Analysis LtdGreece

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