Pullarao Pentapati
– Greece is perhaps the oldest and greatest civilization of man. The
Chinese and Indian civilizations and some South American civilizations
have also been very old. But Greece has been a continuous trend-setter
of humanity. Greece is part of the 19 European nations union. They have a
common visa and a common currency. It is no longer a Greek crisis since
the deadline has past. Along with Portugal, France and Italy, Greece
forms part of the Mediterranean nations. They have no oil or major
minerals and now all suffer from economic problems. These countries are
unable to avoid a large State benefits programs and a big
state-employment sector and pension and socials services. These 4
nations are now undergoing serious recession and there is no visible
light at the end of the tunnel.
