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Greece had 10 million barrels of proven oil reserves as of 1 January 2012. [1] Hellenic Petroleum is the country's largest oil company, followed by Motor Oil Hellas. Greece's oil production stands at 1,751 barrels per day (bbl/d), ranked 95th worldwide, [1] while it exports 19,960 bbl/d, ranked 53rd, [1] and imports 355,600 bbl/d, ranked 25th. [1]
Agriculture in Greece is deeply rooted in history, and based on its Mediterranean climate. This practice encompasses a wide array of crops , including olives, grapes, citrus fruits, cereals, and vegetables, with a notable emphasis on olive oil production , establishing Greece as a global leader in this industry.
Tourism in Greece has been a key element of the economic activity in the country, and is one of the country's most important sectors.Greece has been a major tourist destination and attraction in Europe since the 1970s for its rich culture and history, which is reflected in large part by its 19 UNESCO World Heritage Sites, among the most in Europe and the world [1] as well as for its long ...
Santorini's primary industry is tourism, particularly in the summer months. Agriculture also forms part of its economy, and the island sustains a wine industry. [45] The economic life of Santorini before 1960, when the flow of foreign visitors to the island for tourist purposes gradually began, was based on crops and trade.
The island was formally ceded to Italy in 1923, and on 12 October 1943 it was occupied by the Nazis. [15] At the end of World War II, the surrender of German forces in the region took place on Symi to the British. The island was occupied by Britain for three years as a result. [16] Symi was rejoined with Greece in 1948.
It includes many small islands which vary between 1,200 and 6,000 in the Aegean Sea and the Ionian Sea. [2] The largest islands are Crete, Euboea, Lesbos, Rhodes and Chios. Greece's EEZ is bordered to the west by Albania and Italy, to the south by Libya and Egypt, and to the east by Cyprus and Turkey.
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This is a List of Greek subdivisions by their GDP, or gross domestic product.There are fourteen modern regions of Greece, instituted in 1987. Greece's overall GDP was $281 billion in 2012, which represents $24,505 per capita, 44th in the world.