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Welcome
to our Hotel Network!
Your non stop hotel reservation guide for Hotels in
Greece. We
searched multiple suppliers for the best Room Rate available. Often
GDS (Global Distribution System) suppliers have different room rates, due
to the fact that they individually buy blocks of rooms from hotel chains.
Check
first our Last Minute &
Hot Deals where we put a Monthly update of all known LAST MINUTES! of
all Hotel Reservation Suppliers. This to get & let you informed about
all known Discounted deals in Europe!
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Greece achieved its independence from the Ottoman Empire in 1829. During the
second half of the 19th century and the first half of the 20th century, it
gradually added neighboring islands and territories with Greek-speaking
populations. Following the defeat of Communist rebels in 1949, Greece joined
NATO in 1952. A military dictatorship, which in 1967 suspended many
political liberties and forced the king to flee the country, lasted seven
years. Democratic elections in 1974 and a referendum created a parliamentary
republic and abolished the monarchy; Greece joined the European Community or
EC in 1981 (which became the EU in 1992).
Greece has a mixed capitalist economy with the public sector accounting
for about half of GDP. Tourism is a key industry, providing a large portion
of GDP and foreign exchange earnings. Greece is a major beneficiary of EU
aid, equal to about 3.3% of GDP. The economy has improved steadily over the
last few years, as the government tightened policy in the run-up to Greece's
entry into the EU's Economic and Monetary Union (EMU) on 1 January 2001.
Major challenges remaining include the reduction of unemployment and further
restructuring of the economy, including privatizing several state
enterprises, undertaking social security reforms, overhauling the tax
system, and minimizing bureaucratic inefficiencies. Economic growth is
forecast at 3%-3.5% in 2002.
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