Greece Update

Author (Corporate)
Publisher
Series Title
Series Details December, 2009
Publication Date 16/12/2009
Content Type

The Congressional Research Service, a department of the Library of Congress, conducts research and analysis for Congress on a broad range of national and international policy issues. Some of the CRS work is carried out specifically for individual members of Congress or their staff and is confidential. However, there is also much CRS compiled material which is considered public but is not formally published on the CRS website.

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Federation of American Scientists (FAS)

In some cases hyperlinks allows you to access all versions of a report, including the latest. Note that many reports are periodically updated.The Greek city-state of Athens is believed to have developed the first known democracy around 500 B.C. Modern Greece has been a democracy since the toppling of a military junta in 1974. Since then, the New Democracy (ND) party and the PanHellenic Socialist Movement (PASOK) have alternated leadership of the government. ND ruled from March 2004 until October 4, 2009, when PASOK won national elections and a clear majority of the seats in parliament. PASOK’s victory has been attributed to anti-ND public sentiment caused by the economic recession, corruption scandals, and law-and-order issues. On taking power, PASOK inherited a severe financial crisis: economic growth has contracted for three consecutive quarters in 2009, and the budget deficit is projected to be 12.7% of gross domestic product (GDP) and debt to be 125% of GDP in 2010. Therefore, the economy is the dominating issue on the government’s agenda.

The Greek government’s foreign policy focuses on the European Union (EU), sometimes-strained relations with Turkey, reunifying Cyprus, resolving a dispute with Macedonia over its name, other Balkan issues, and sustaining good relations with the United States. Greece has assisted with the war on terrorism, but is not a member of the U.S.-led coalition in Iraq and has a limited presence with NATO in Afghanistan. See also CRS Report RL33497, Cyprus: Status of U.N. Negotiations and Related Issues, by Carol Migdalovitz.

Source Link https://www.everycrsreport.com/reports/RS21855.html
Related Links
Federation of American Scientists (FAS): Congressional Research Service [CRS] Reports https://fas.org/sgp/crs/index.html
EveryCRSReport.com https://www.everycrsreport.com/

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