Regions in Greece
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Greece adopted the euro as its currency in January 2002. The adoption of the euro provided Greece (formerly a high inflation risk country under the drachma) with access to competitive loan rates and also to low rates of the Eurobond market. This led to a dramatic increase in consumer spending, which gave a significant boost to economic growth. Between 1997-2007, Greece averaged 4% GDP growth, almost twice the European Union (EU) average. As with other European countries, the financial crisis and resulting slowdown of the real economy have taken their toll on Greece’s rate of growth, which slowed to 2.0% in 2008. The economy went into recession in 2009 and contracted by 2.0% as a re
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Hotel Diaporos Lokacija: Vourvourou - Sithonia
In Vourvourou, a picturesque resort situated in Sithonia, the second peninsula of Halkidiki, one may find Hotel Diaporos . It is a three-star hotel, fully renovated in 2012, located near the centre of Vourvourou, and only 2-3 minutes on foot from the beach. Accommodation The hotel offers
Hotel Byzantio Lokacija: Paralia - Katerinis
Located in the town of Paralia, Hotel Byzantio offers self-catering double, triple and quad rooms with private balcony overlooking the sea and Mount Olympus. It provides free Wi-Fi access and it has an elegant bar. Hotel Byzantio rooms are bright and airy, and come with air conditioning and TV.