Diplomatic representation in the US: chief of mission: Ambassador Alexandros PHILON; note - expected to be replaced by Yeorgios SAVVAIDHIS in 2002 consulate(s): Atlanta, Houston, and New Orleans consulate(s) general: Boston, Chicago, Los Angeles, New York, and San Francisco FAX: [1] (202) 939-5824 telephone: [1] (202) 939-5800 chancery: 2221 Massachusetts Avenue NW, Washington, DC 20008

Diplomatic representation from the US: chief of mission: Ambassador
Thomas J. MILLER embassy: 91 Vassilissis Sophias Boulevard, GR-10160
Athens mailing address: PSC 108, APO AE 09842-0108 telephone: [30]
(10) 721-2951 FAX: [30] (10) 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 Greece

Economy - overview: Greece has a mixed capitalist economy with the public sector accounting for about half of GDP. Tourism is a key industry, providing a large portion of GDP and foreign exchange earnings. Greece is a major beneficiary of EU aid, equal to about 3.3% of GDP. The economy has improved steadily over the last few years, as the government tightened policy in the run-up to Greece's entry into the EU's Economic and Monetary Union (EMU) on 1 January 2001. Major challenges remaining include the reduction of unemployment and further restructuring of the economy, including privatizing several state enterprises, undertaking social security reforms, overhauling the tax system, and minimizing bureaucratic inefficiencies. Economic growth is forecast at 3%-3.5% in 2002.

GDP: purchasing power parity - $189.7 billion (2001 est.)

GDP - real growth rate: 3.7% (2001 est.)

GDP - per capita: purchasing power parity - $17,900 (2001 est.)

GDP - composition by sector: agriculture: 8.3% industry: 27.3% services: 64.4% (1998)

Population below poverty line: NA%