Greece

Number 10-2009

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Greece (10) -- News -- 2009

Greece's opposition Panhellenic Socialist Movement (Pasok) has won an emphatic general election victory

30.11.2009

Pasok has won an emphatic general election victory this year. Outgoing PM Costas Karamanlis has congratulated Pasok leader George Papandreou and resigned as leader of the conservative New Democracy party. With 99% of votes counted, Pasok had nearly 44% of the vote, to 33.5% for New Democracy - its worst ever result. Pasok needed 43% to win an absolute majority in parliament. It has been in opposition for more than five years.

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Greece (10) -- Analyses -- 2009

Greek economy

01.01.2009

Greece's purchasing power-adjusted GDP per capita is the world's 28th highest. According to the International Monetary Fund it has an estimated average per capita income of $30,661 for the year 2008, comparable to that of Germany, France or Italy. According to Eurostat data, Greek PPS GDP per capita stood at 95 per cent of the EU average in 2008. Greece ranks 18th in the 2006 HDI, 22nd on The Economist's 2005 worldwide quality-of-life index. According to a survey by the Economist, the cost of living in Athens is close to 90% of the costs in New York, in rural regions it is lower.

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