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In January 2010, the Greek Ministry of Finance published Stability and Growth Program 2010, [44] which listed the main causes of the crisis including poor GDP growth, government debt and deficits, budget compliance and data credibility. Causes found by others included excess government spending, current account deficits, tax avoidance and tax ...
The German historian Arnold Hermann Ludwig Heeren first dated the Late Bronze Age collapse to 1200 BC. In an 1817 history of Ancient Greece, Heeren stated that the first period of Greek prehistory ended around this time, based on a dating of the fall of Troy to 1190 BC.
The debt write-off had a size of €107 billion, and caused the Greek debt level to temporarily fall from roughly €350bn to €240bn in March 2012 (it would subsequently rise again, due to the resulting bank recapitalization needs), with improved predictions about the debt burden.
From a moral point of view, it is difficult to say whether the efforts of Greek unions to shut down the nation's economy are ethical. From an economic viewpoint, it is not. Massive walkouts slow ...
The Greek Dark Ages (c. 1200–800 BC) were earlier regarded as two continuous periods of Greek history: the Postpalatial Bronze Age (c. 1200–1050 BC) [1] and the Prehistoric Iron Age or Early Iron Age (c. 1050–800 BC), the last included all the ceramic phases from the Protogeometric to the Middle Geometric [1] and lasted until the beginning of the Protohistoric Iron Age around 800 BC.
The plague was an unforeseen event that resulted in one of the largest recorded loss of life in ancient Greece as well as a breakdown of Athenian society. The epidemic caused the death of an estimated 25% of Athens, which at the time ranged from 250,000 to 300,000. [24] Thucydides says that it took 15 years for the Athenian population to recover.
The Athenian fleet, the dominant Greek naval force, went on the offensive, winning at Naupactus. In 430 BC, an outbreak of a plague hit Athens. The plague ravaged the densely packed city, and in the long run, was a significant cause of its final defeat. The plague wiped out over 30,000 citizens, sailors and soldiers, including Pericles and his ...
The Minoan eruption was a catastrophic volcanic eruption that devastated the Aegean island of Thera (also called Santorini) circa 1600 BCE. [2] [3] It destroyed the Minoan settlement at Akrotiri, as well as communities and agricultural areas on nearby islands and the coast of Crete with subsequent earthquakes and paleotsunamis. [4]