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Greece
Searching for car hire is never much fun. That is why
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a number of car rental suppliers around the Greece area
and we search the best ones for convenience, price and
quality.
We search companies including Advantage, Alamo, Enterprise,
Dollar, Sixt, Eurocar, Budget, Thrifty, National and
many more looking for the best deal for you for when
you arrive in Greece. Choose Car Rental options on size
and manufacturer and pay in your own currency.
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Greece
achieved 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, most with Greek-speaking populations.
In World War II, Greece was first invaded by Italy (1940)
and subsequently occupied by Germany (1941-44); fighting
endured in a protracted civil war between supporters of
the king and Communist rebels. Following the latter's
defeat 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. The 1974 democratic elections and a referendum
created a parliamentary republic and abolished the monarchy.
In 1981, Greece joined the EC (now the EU); it became
the 12th member of the European Economic and Monetary
Union in 2001.
Greece
has a capitalist economy with the public sector accounting
for about 40% of GDP and with per capita GDP at least
75% of the leading euro-zone economies. Tourism provides
15% of GDP. Immigrants make up nearly one-fifth of the
work force, mainly in agricultural and unskilled jobs.
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 2007, due partly to infrastructural
spending related to the 2004 Athens Olympic Games, and
in part to an increased availability of credit, which
has sustained record levels of consumer spending. But
growth dropped to 2.8% in 2008, as a result of the world
financial crisis and tightening credit conditions. Greece
violated the EU's Growth and Stability Pact budget deficit
criteria of no more than 3% of GDP from 2001 to 2006,
but finally met that criteria in 2007-08. Public debt,
inflation, and unemployment are above the euro-zone average,
but are falling. The Greek Government continues to grapple
with cutting government spending, reducing the size of
the public sector, and reforming the labor and pension
systems, in the face of often vocal opposition from the
country's powerful labor unions and the general public.
The economy remains an important domestic political issue
in Greece and, while the ruling New Democracy government
has had some success in improving economic growth and
reducing the budget deficit, Athens faces long-term challenges
in its effort to continue its economic reforms, especially
social security reform and privatization.
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