POLITICS‚ ECONOMY AND BUSINESS IN GREECE POLITICAL STRUCTURE Greece is fundamentally a Parliamentary state with President as the Head of state. The president is elected by the parliament for a period of 5 years. Powers of President mostly include ceremonious duties like declaration on war‚ signing peace treaties etc. The members of parliament are elected through general elections held every four years or earlier if the previous parliament is dissolved. Prime Minister (PM)‚ head of government
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The main religion in the country of Greece is Greek Orthodox. In fact‚ Greek Orthodox is the religion that about 98% of the population celebrates. Because of this vast amount of followers of this faith‚ the Greek Orthodox religion plays a very important role in the lives of its people. Festivals and Saint’s days‚ as well as other holidays on the religious calendar in Greece‚ throughout the year characterize this religion. Food plays a key role in society‚ particularly in respect of these holidays
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In Greece the inflation growth rate remained fairly steady until the recession during 2008 in which the growth rate experienced a dramatic decline from 4.15% growth in 2008 to 1.21% growth in 2009. After 2009 it experienced a positive recovery in which the growth rate rose to 4.71% in 2010 only to fall again to 3.33% in 2009. Core inflation was not as volatile when the recession hit in 2008-09‚ however core inflation did experience a similar decline from 2010 to 2011 falling from 3.34% to 1.24% growth
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Before Philip of Macedon stepped in to unify Greece‚ Greece was broken up into territories and provinces. Also‚ before King Philip II came into power‚ Macedonia was unstable and was full of rural clans‚ which were all loosely tied under a hereditary empire. Philip inherited the unstable kingdom‚ from his brother‚ on the verge of a fall‚ and made it the most power state of its time. His military innovations revolutionized warfare‚ which was passed onto his son Alexander the Great who created the army
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THE GREECE CRISIS. So what’s the problem in Greece? Years of unrestrained spending‚ cheap lending and failure to implement financial reforms left Greece badly exposed when the global economic downturn struck. This whisked away a curtain of partly fiddled statistics to reveal debt levels and deficits that exceeded limits set by the eurozone.Greece was living beyond its means even before it joined the euro. After it adopted the single currency‚ public spending soared. Public sector wages
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Greece and Persia Persia and Greece were beautiful and prosperous empires‚ the most influential of their time. Over the years the two empires have had many conflicts and rivalry dating back to before the Christ era. However at the same time‚ each city had great influence on one another in some way. Greece and Persia have many similarities in their political and economic organization along with differences. Before Persia became known as the largest empire in the world in its time period they were
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Ancient Greece Ancient Greece is a peninsula located off the Mediterranean Sea‚ and is surrounded by several islands. Ancient Greece was made up of different types of government. There were two types of city states an oligarchy ‚ which is ruled by a small group of citizens and a direct democracy ruled by the people . All citizens could make speeches and vote at the Assembly. The Council made up of 500 citizens made new laws which were debated in the Assembly . Only citizens could vote ‚women
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The ancient Greeks contributed much to Western civilization. Their achievements in art‚ philosophy‚ history‚ and science shaped the growth of Western civilization. Many of these cultural aspects began with Greece’s Golden Age. The Greek’s Golden Age was a time of peace and cultural prosperity‚ and it was the time from which most of Greece’s contributions to Western civilization originated. Democracy‚ myths‚ and the Olympics all began with the ancient Greeks. Among the many aspects of Greek culture
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The story of the Caribbean and the colonial period has been explored by many authors‚ who have focused their studies in evaluating the impact of colonialism in the lives and societies impacted during the eighteen and nineteen centuries. In Three Ancient Colonies‚ the anthropologist Sidney Mintz examines the differences and commonalities of Jamaica‚ Haiti‚ and Puerto Rico‚ to explore their development as colonies and look deeper into the development of economic systems and the influence these had
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health and wellness purposes not related to the exercise of an activity remunerated from within the place visited said by the National Statistical Coordination Board (2007). Establishments belonging to the industry‚ therefore‚ are in engaged in: 1. hospital care and treatment – refer to services offered by public and private hospitals‚ sanitaria and other similar services such as medical care‚ surgical care‚ women’s health‚ dental care‚ and optometric; 2. specialty clinics – pertain to general
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