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Pakistan has experienced an economic crisis as part of the 2022 political unrest. It has caused severe economic challenges for months due to which food, gas and oil prices have risen. The Russian invasion of Ukraine has caused fuel prices to rise worldwide. Excessive external borrowings by the country over the years raised the spectre of ...
The Greeks referred to the ancient Indians as "Indói" (Greek: Ἰνδοί, lit. 'people of the Indus River'); the Indians referred to the Greeks as "Yonas (Yavanas)" [2] in reference to the Ionians. [3] Part of today's Pakistan became part of the Indo-Greek Kingdom, founded by the successors of Alexander the Great.
see Greece–Norway relations. Greece has an embassy in Oslo (since 1980) and an honorary consulate in Bergen. Norway has an embassy in Athens, and six honorary consulates in Piraeus, Patras, Corfu, Crete, Rhodes and Thessaloniki. [ 316 ] Both countries are members of Council of Europe and NATO.
The table below shows the FSI for 2024, [5] with comparisons of each country's current score to previous years' indices. [6] A higher score (with a maximum of 120) indicates a weaker, more vulnerable, or more fragile situation in the country. ^ a b Prior to the 2021 index, Israel and Palestine (West Bank) were scored as a single state.
The Greek economic program was a macroeconomic stabilization with reforms including higher taxes on the middle class and pension cuts amounting to 3.5 percent of GDP (or surplus) until 2022. The Greek government promised to relax capital controls and preserve labor-market reforms, liberalizing Sunday trade and facilitating investment.
Average Greek government debt-to-GDP for the entire century before the crisis (1909-2008) was lower than that for the UK, Canada, or France, [107] [108] while for the 30-year period (1952-1981) until entrance into the European Economic Community, the Greek government debt-to-GDP ratio averaged only 19.8%. [108]
Politics of Greece. Greece is a parliamentary representative democratic republic, where the President of Greece is the head of state and the Prime Minister of Greece is the head of government within a multi-party system. Legislative power is vested in both the government and the Hellenic Parliament. Between the restoration of democracy in 1974 ...
Greece faced a sovereign debt crisis in the aftermath of the 2007–2008 financial crisis.Widely known in the country as The Crisis (Greek: Η Κρίση, romanized: I Krísi), it reached the populace as a series of sudden reforms and austerity measures that led to impoverishment and loss of income and property, as well as a humanitarian crisis.