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Safety in Greece
Greece is one of the safest countries in the world. Large cities like Athens have experienced an increase in crime during recent years, and there might be areas (like the red light district near Omonia) that you would like to avoid. Violent crime is rare, but petty theft, car theft, and burglaries have been on the rise in recent years. Overall however, the crime rate in Greece is among the lowest in the European Union. Locking valuables in safes at the hotel is always a good idea, but one feels generally safe in the streets even in the middle of the night. Women traveling alone should have no problems, although they might be the object of desire for the Greek "kamakis" (men who spend
Cost of living in Greece
Greece is not as expensive as other European countries. However, the days when Greece was on of the cheapest destinations in Europe are long gone. In the sixties and seventies when the currency exchange rate and prices in Greece were favorable to travelers from Western Europe and the US, Greece was a favorite destination for budget-conscious tourists. Prices in Greece vary from place to place, but this guide should give you a good idea of what to expect if you are planning to travel to Greece. Visitors should be aware that many ‘antiques' sold to tourists are fake; it is illegal to export any item of real antiquity without a special permit from the Export Department of the Mini
Greek economy
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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