Unformatted text preview: Greece has a capitalist economy with the public sector accounting for about 40% of GDP. Tourism provides 15% of GDP. Immigrants make up nearly 1/5 of the work force. Greece is a major beneficiary of EU aid, equal to about 3.3% of annual GDP. The Greek economy grew by nearly 4.0% per year between 2003 and 2006, due partly to the 2004 Olympic Games, Recently had an increased availability of credit leading to increased consumer spending. 11. GDP Growth Rate: 4.3% (2006 est.) 12. Disputes, International: Greece and Turkey to this day have unresolved territorial issues including boundary disputes of the Aegean Sea and the land of Cyprus....
View Full Document
- Winter '08
- GDP Growth Rate, Mediterranean Sea, Aegean Sea, Population Death Rate