Greece

2.500 years later, the small and beautiful country of Greece is back in the center of the world. In ancient times the reason was the born of such advanced civilization able to influence our live 2,5 millennium later. Today the great attention around Greece is generated by the harsh financial and economic crisis.

Greece economy grew during the last twenty years driven by two sectors: tourism, accounting for 15% of GDP and the public sector, accounting for 40%. The country joined European Community in 1982 and the euro currency in 2001. In the last years, Greece was the European country which received major support by EU development plans. The 2004 Olympic Games organization boosted GDP as Public Deficit, but the 2008 global financial crisis and the lost of international credibility due to incorrect national budget reporting, started a negative circuit, where austerity programs are increasing deficit, unemployment (17% in 2011), national debts (in 2011 at 165% of GDP the world's 4th ). Actually the country is supported by international Institution under the agreement of a strong economic restructuring that's creating heavy social turbulences. The average pro capita GDP declined from $ 30.400 in 2009 to $ 27.600 in 2011 and continue to fall.