est.)

Unemployment rate: 11.3% (2000 est.)

Budget: revenues: $45 billion

expenditures: $47.6 billion, including capital expenditures of $NA
(1998 est.)

Industries: tourism; food and tobacco processing, textiles;
chemicals, metal products; mining, petroleum

Industrial production growth rate: 7% (2000 est.)

Electricity - production: 46.432 billion kWh (1999)

Electricity - production by source: fossil fuel: 89.6%

hydro: 9.72%

nuclear: 0%

other: 0.68% (1999)

Electricity - consumption: 43.343 billion kWh (1999)

Electricity - exports: 1.65 billion kWh (1999)

Electricity - imports: 1.811 billion kWh (1999)

Agriculture - products: wheat, corn, barley, sugar beets, olives,
tomatoes, wine, tobacco, potatoes; beef, dairy products

Exports: $15.8 billion (f.o.b., 2000)

Exports - commodities: manufactured goods, food and beverages,
petroleum products

Exports - partners: EU 49% (Germany 15%, Italy 13%, UK 6%), US 6%
(1999)

Imports: $33.9 billion (c.i.f., 2000)

Imports - commodities: manufactured goods, foodstuffs, fuels,
chemicals

Imports - partners: EU 66% (Italy 15%, Germany 15%, France 9%, UK
6%) (1999)

Debt - external: $57 billion (2000 est.)

Economic aid - recipient: $5.4 billion from EU (1997 est.)

Currency: drachma (GRD); euro (EUR)

note: on 1 January 1999, the EU introduced the euro as a common
currency that is now being used by financial institutions in Greece
(which entered the European Monetary Union on 1 January 2001) at a
fixed rate of 340.750 drachmae per euro and will replace the local
currency for all transactions in 2002

Currency code: GRD; EUR

Exchange rates: drachmae per US dollar - 380.21 (December 2000),
365.40 (2000), 305.65 (1999), 295.53 (1998), 273.06 (1997), 240.71
(1996)

Fiscal year: calendar year

Greece Communications

Telephones - main lines in use: 5.431 million (1997)

Telephones - mobile cellular: 937,700 (1997)

Telephone system: general assessment: adequate, modern networks
reach all areas; good mobile telephone and international service

domestic: microwave radio relay trunk system; extensive open wire
connections; submarine cable to offshore islands

international: tropospheric scatter; 8 submarine cables; satellite
earth stations - 2 Intelsat (1 Atlantic Ocean and 1 Indian Ocean), 1
Eutelsat, and 1 Inmarsat (Indian Ocean region)

Radio broadcast stations: AM 26, FM 88, shortwave 4 (1998)

Radios: 5.02 mil