Monday, May 31, 2010

Greece, Athens Cost of Living April 2010

Country Full Name: The Hellenic Republic.

Location: Greece is in Southern Europe, bordering the Aegean Sea, Ionian Sea, and the Mediterranean Sea, between Albania and Turkey.

Country Climate: Temperate; mild, wet winters; hot, dry summers.

Country Terrain: Mostly mountains with ranges extending into the sea as peninsulas or chains of islands.

Major Languages: Greek.

Major Religions: Christianity.

Country Population: 11.1 million (2008 est.) 11.2 million (2009 est.).

Country Economy: The Greek economy is a developed economy with the public sector accounting for about 40% of GDP. The service sector contributes 75.7% of the total GDP, industry 20.6% and agriculture 3.7%. Greece is the twenty-fourth most globalized country in the world and is classified as a high income economy.

Currency: Euro (EUR).

Country Inflation: 4.2% (2008 est.) 1.1% (2009 est.).

City: Athens is the capital and largest city of Greece.

City Economy: Athens is one of the world's oldest cities, its recorded history spans around 3,400 years. Athens is central to economic, financial, industrial, political and cultural life in Greece and it is rated as an alpha- world city. It is rapidly becoming a leading business centre in the European Union.
Cost of Living: Athens has an overall cost of living index which equates it with middle cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Athens is currently ranked 106 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Greece, Athens