Part 332

Data code: GR

Government type: parliamentary republic; monarchy rejected by referendum 8 December 1974

National capital: Athens

Administrative divisions: 51 prefectures (nomoi, singular - nomos)and 1 autonomous region*; Ayion Oros* (Mt. Athos), Aitolia kai Akarnania, Akhaia, Argolis, Arkadhia, Arta, Attiki, Dhodhekanisos, Drama, Evritania, Evros, Evvoia, Florina, Fokis, Fthiotis, Grevena, Ilia, Imathia, Ioannina, Iraklion, Kardhitsa, Kastoria, Kavala, Kefallinia, Kerkira, Khalkidhiki, Khania, Khios, Kikladhes, Kilkis, Korinthia, Kozani, Lakonia, Larisa, Lasithi, Lesvos, Levkas, Magnisia, Messinia, Pella, Pieria, Preveza, Rethimni, Rodhopi, Samos, Serrai, Thesprotia, Thessaloniki, Trikala, Voiotia, Xanthi, Zakinthos

Independence: 1829 (from the Ottoman Empire)

National holiday: Independence Day, 25 March (1821) (proclamation of the war of independence)

Constitution: 11 June 1975

Legal system: based on codified Roman law; judiciary divided into civil, criminal, and administrative courts

Suffrage: 18 years of age; universal and compulsory

Executive branch: chief of state: President Konstandinos (Kostis) STEPHANOPOULOS (since 10 March 1995) head of government : Prime Minister Konstandinos SIMITIS (since 19 January 1996) cabinet: Cabinet appointed by the president on the recommendation of the prime minister elections: president elected by Chamber of Deputies for a five-year term; election last held 10 March 1995 (next to be held by NA March 2000); prime minister appointed by the president election results: Konstandinos STEPHANOPOULOS elected president; percent of Chamber of Deputies vote - NA

Legislative branch: unicameral Chamber of Deputies or Vouli ton Ellinon (300 seats; members are elected by direct popular vote to serve four-year terms) elections: elections last held 22 September 1996 (next to be held by NA September 2000) election results: percent of vote by party - PASOK 41.5%, ND 38.1%, KKE 5.6%, Coalition of the Left and Progress 5.1%, DIKKI 4.4%, Political Spring 2.9%; seats by party - PASOK 162, ND 108, KKE 11, Coalition of the Left and Progress 10, DIKKI 9

Judicial branch: Supreme Judicial Court, judges appointed for life by the president after consultation with a judicial council; Special Supreme Tribunal, judges appointed for life by the president after consultation with a judicial council

Political parties and leaders: New Democracy or ND (conservative) [Konstandinos KARAMANLIS]; Panhellenic Socialist Movement or PASOK [Konstandinos SIMITIS]; Communist Party or KKE [Aleka PAPARIGA]; Political Spring [Andonios SAMARAS]; Coalition of the Left and Progress (Synaspismos) [Nikolaos KONSTANDOPOULOS]; Democratic Social Movement or DIKKI [Dhimitrios TSOVOLAS]; Rainbow Coalition [Pavlos VOSKOPOULOS]

International organization participation: Australia Group, BIS, BSEC, CCC, CE, CERN, EBRD, ECE, EIB, EU, FAO, G- 6, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, MINURSO, MTCR, NACC, NAM (guest), NATO, NEA, NSG, OAS (observer), OECD, OSCE, PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNMIBH, UNOMIG, UPU, WEU, WFTU, WHO, WIPO, WMO, WToO, WTrO, ZC

Diplomatic representation in the US: chief of mission: Ambassador Loukas TSILAS chancery : 2221 Massachusetts Avenue NW, Washington, DC 20008 telephone: (202) 939-5800 FAX: (202) 939-5824 consulate(s) general: Boston, Chicago, Los Angeles, New York, and San Francisco consulate(s) : Atlanta, Houston, and New Orleans

Diplomatic representation from the US: chief of mission: Ambassador Thomas M. T. NILES embassy: 91 Vasilissis Sophias Boulevard, 10160 Athens mailing address: PSC 108, APO AE 09842 telephone: (1) 721-2951, 8401 FAX: (1) 645-6282 consulate(s) general: Thessaloniki

Flag description: nine equal horizontal stripes of blue alternating with white; there is a blue square in the upper hoist-side corner bearing a white cross; the cross symbolizes Greek Orthodoxy, the established religion of the country

Economy

Economy - overview: Greece has a mixed capitalist economy with the public sector accounting for roughly half of GDP. Tourism is a major source of foreign exchange, and agriculture is self-sufficient, except for meat, dairy products, and animal feedstuffs. Macroeconomic problems include mediocre GDP growth, the huge public sector, substantial budget deficits, and 10% unemployment. The government's hard drachma policy and public sector wage restraint are largely responsible for the downward trend in inflation, now at the lowest level in 22 years. Investment is likely to be the primary engine for economic growth in 1997. Athens continues to rely heavily on EU aid, which currently amounts to about 4% of GDP. Despite widespread protests from unions and farmers, Prime Minister SIMITIS presented a tough 1997 budget to help bring Greece closer to meeting the EU criteria for participating in economic and monetary union. SIMITIS faces strong opposition to further privatization and further austerity. Plans to increase defense spending could undermine SIMITIS's goal to curb government expenditures.

GDP: purchasing power parity - $106.9 billion (1996 est.)

GDP - real growth rate: 2.2% (1996 est.)

GDP - per capita: purchasing power parity - $10,000 (1996 est.)

GDP - composition by sector: agriculture: 11% industry: 25% services : 64% (1994)

Inflation rate - consumer price index: 8.6% (1996 est.)

Labor force: total: 4.21 million by occupation : services 52%, agriculture 23%, industry 25% (1995)

Unemployment rate: 10% (1996 est.)

Budget: revenues: $33 billion (excluding privatization receipts) expenditures: $45 billion, including capital expenditures of $NA (1996 est.)

Industries: tourism; food and tobacco processing, textiles; chemicals, metal products; mining, petroleum