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These activities were often handled by a form of direct democracy, based on a popular assembly. Others, of judicial and official nature, were often handled by large juries, drawn from the citizen body in a process known as sortition. By far the most well-documented and studied example is the Athenian democracy in Athens.
The Second Hellenic Republic is a modern historiographical term used to refer to the Greek state during a period of republican governance between 1924 and 1935. To its contemporaries it was known officially as the Hellenic Republic (Greek: Ἑλληνικὴ Δημοκρατία [eliniˈci ðimokraˈti.a]) or more commonly as Greece (Greek: Ἑλλάς, Hellas).
Greece faced a sovereign debt crisis in the aftermath of the 2007–2008 financial crisis.Widely known in the country as The Crisis (Greek: Η Κρίση, romanized: I Krísi), it reached the populace as a series of sudden reforms and austerity measures that led to impoverishment and loss of income and property, as well as a humanitarian crisis.
Greece experienced a sustained depression with the onset of the Global Financial Crisis, as real GDP per capita declined by 20% over the period 2007–2017. [25] Greece entered into the longest and largest depression for a modern middle- or high-income country. [25] By April 2010 the government realized that it would need a rescue package.
The 4th of August Regime (Greek: Καθεστώς της 4ης Αυγούστου, romanized: Kathestós tis tetártis Avgoústou), commonly also known as the Metaxas regime (Καθεστώς Μεταξά, Kathestós Metaxá), was a fascist regime under the leadership of General Ioannis Metaxas that ruled the Kingdom of Greece from 1936 to 1941.
The Greek government-debt crisis began in 2009 and, as of November 2017, was still ongoing. During this period, many changes had occurred in Greece. The income of many Greeks has declined, levels of unemployment have increased, elections and resignations of politicians have altered the country's political landscape radically, the Greek parliament has passed many austerity bills, and protests ...
In most respects, April 28, 1942, was much like any other day of the Great Depression era for American markets. "The stock market lacked buying confidence today and leading issues retreated.
A new Constitution, promulgated on 11 June 1975, declared Greece a presidential parliamentary democracy (or republic – the Greek δημοκρατία can be translated both ways). This constitution, revised in 1985, 2001, 2008 and 2019, is still in force today.