Sunday, November 20, 2011

Population of Greece (click title to entry - thank you)

In 1960 the population was 8.327 million.


In 1980 it was 9.643 million.


In 2000 it was 10.917 million.


In 2010 it was 11.319 million.

The population growth of Greece has been significantly steady.  There was no surge in population growth to explain the sudden hike in GDP in 2000 to 2008.  In the same respect, the debt Greece has is serving a population that has consistent needs in the fact that growth is not outpacing GDP.  Hm?

The Greek government, by measure of most European countries is a young government. 

Parliamentary republic
1975 - New constitution declares Greece a parliamentary republic with some executive powers vested in a president....

...2004 December - European Commission issues (click here) formal warning after Greece found to have falsified budget deficit data in run-up to joining eurozone.

2005 March - Trade unions launch 24-hour strikes in protest at rising unemployment and high inflation.

2005 April - Parliament ratifies EU constitution....

...2006 March - Public sector workers strike over pay and in protest at government plans to scrap job security laws and intensify privatisation.

2006 September - Greece, Russia and Bulgaria back a long-awaited deal to build an oil pipeline which will carry Russian oil to Europe via Alexandropoulis in Greece.

2007 February - The conservative government survives a no-confidence vote and promises to forge ahead with reforms....

Greece has been going through reforms for longer than just recently.  Needless to say, the vast change in GDP was a trigger to higher spending in the face of reforms.