What does Pasok mean in Greek?

What does Pasok mean in Greek?

The Panhellenic Socialist Movement (Greek: Πανελλήνιο Σοσιαλιστικό Κίνημα (Panellenio Sosialistiko Kinema), pronounced [paneˈlinio sosjalistiˈko ˈcinima]), known mostly by its acronym PASOK, (/pəˈsɒk/; ΠΑΣΟΚ, pronounced [paˈsok]) is a social-democratic political party in Greece.

What does Syriza stand for?

Syriza

Coalition of the Radical Left – Progressive Alliance Συνασπισμός Ριζοσπαστικής Αριστεράς – Προοδευτική Συμμαχία
Mayors 6 / 332
Website
syriza.gr
Politics of Greece Political parties Elections

Is Greece a two party system?

Until recently, Greece has had a two-party system dominated by the liberal-conservative New Democracy (ND) and the center-left Panhellenic Socialist Movement (PASOK). Currently, the left is represented in Parliament by the Communist Party of Greece (KKE), SYRIZA, and PASOK.

What are the parties in Greece?

Parties represented in the current Parliament and European Parliament

Name Acronym Political position
Movement for Change Κίνημα Αλλαγής KINAL Centre-left
Communist Party of Greece Κομμουνιστικό Κόμμα Ελλάδας KKE Far-left
Greek Solution Ελληνική Λύση EL Right-wing to far-right
MeRA25 ΜέΡΑ25 MERA Left-wing

Which political party is ruling in Greece?

In contemporary Greek politics, New Democracy has been the main centre-right political party and one of the two major parties along with its historic rival, the Panhellenic Socialist Movement (PASOK).

What is Greece’s main industry today?

Greece’s main industries are tourism, shipping, industrial products, food and tobacco processing, textiles, chemicals, metal products, mining and petroleum. Greece’s GDP growth has also, as an average, since the early 1990s been higher than the EU average.

Why is Greece so broke?

The Greek debt crisis originated from heavy government spending and problems escalated over the years due to slowdown in global economic growth. 1, 1981, the country’s economy and finances were in good shape, with a debt-to-GDP ratio of 28% and a budget deficit below 3% of GDP.

What religion is in Greece?

Religion in Greece is dominated by the Greek Orthodox Church, which is within the larger communion of the Eastern Orthodox Church. It represented 90% of the total population in 2015 and is constitutionally recognized as the “prevailing religion” of Greece.

What is Greece’s biggest export?

petroleum products

Is Greece a third world country?

Since 1952, Greece has been a part of NATO. As such, it is a first-world country.

What is Greece’s most important commodity?

Searchable List of Greece’s Most Valuable Export Products

Rank Greece’s Export Product 2020 Value (US$)
1 Processed petroleum oils $6,949,099,000
2 Medication mixes in dosage $3,188,794,000
3 Computers, optical readers $691,405,000
4 Aluminum plates, sheets, strips $669,005,000

Will the Greek economy ever recover?

Like the rest of the world, the Greek economy has entered into another deep economic recession in 2020. Greece appears to have experienced a very deep recession in 2020 and even under optimistic assumptions, a full recovery will take some time beyond 2021.

Who does Greece owe money too?

2 Most of the outstanding debt is owed to the EU emergency funding entities. These are primarily funded by German banks. Eurozone governments: 53 billion euros.

How much is Greek debt?

In 2019, the national debt in Greece was around 413.86 billion U.S. dollars. In a ranking of debt to GDP per country, Greece is currently ranked second….Greece: National debt from 2016 to 2026 (in billion U.S. dollars)

Characteristic National debt in billion U.S. dollars
2020* 431.25
2019 413.86
2018 416.47
2017 394.27

Is Greece still in a debt crisis?

However, during the same period the Greek debt-to-GDP ratio rose up from 127% to 179% due to the severe GDP drop during the handling of the crisis….Greek government-debt crisis.

Statistics
GDP per capita 23,027.41 (2017)
GDP per capita rank 47 (per World Bank 2017)
External
Gross external debt $372 billion as of September 2019

What caused Greece economy to collapse?

Key Takeaways: Greece defaulted in the amount of €1.6 billion to the IMF in 2015. The financial crisis was largely the result of structural problems that ignored the loss of tax revenues due to systematic tax evasion.

Which country has most debt?

United States

What country is debt free?

1. Brunei (GDP: 2.46%) Brunei is one of the countries with the lowest debt. It has a debt to GDP ratio of 2.46 percent among a population of 439,000 people, which makes it the world’s country with the lowest debt.

Who owns the World debt?

Public Debt The public holds over $21 trillion, or almost 78%, of the national debt. 1 Foreign governments hold about a third of the public debt, while the rest is owned by U.S. banks and investors, the Federal Reserve, state and local governments, mutual funds, pensions funds, insurance companies, and savings bonds.

Which country has least debt?

In 2020, Russia’s estimated level of national debt reached about 19.35 percent of the GDP, ranking 13th of the countries with the lowest national debt….The 20 countries with the lowest national debt in 2020 in relation to gross domestic product (GDP)

Characteristic National debt in relation to GDP
Russia 19.35%

Who is the most in debt person in the world?

Jerome Kerviel

How much is China’s debt?

In 2019, the national debt of China amounted to around 8,847.19 billion U.S. dollars….China: National debt from 2016 to 2026 (in billion U.S. dollars)

Characteristic National debt in billion U.S. dollars
2016 5,632.35

Is New Zealand in debt?

Economy of New Zealand

Statistics
Gross external debt NZ$156.181 billion (53% of GDP) (December 2018) NZ$86.342 billion (30.5% of GDP) (Feb 2018)
Public finances
Public debt 31.7% of GDP (2017 est.)
Budget balance +1.6% (of GDP) (2017 est.)

Is NZ a poor country?

Fact 1: There is poverty in the midst of prosperity in Aotearoa New Zealand. There is poverty amidst prosperity: There are around 682,500 people in poverty in this country or one in seven households, including around 220,000 children.

What is the most common job in New Zealand?

The most popular career this year was police officer, according to the most searched for jobs on careers.govt.nz in 2018. The most popular career this year was police officer, according to the most searched for jobs on careers.govt.nz in 2018.

What is New Zealand’s biggest industry?

Agriculture

What is New Zealand’s biggest income?

Tourism was New Zealand’s biggest export industry, contributing 20.1% of total exports. Tourism generated a direct annual contribution to GDP of $16.4 billion, or 5.5%, and a further indirect contribution of $11.3 billion, another 3.8% of New Zealand’s total GDP.

Is New Zealand rich or poor?

This ranking is lower than it once was, but still definitely qualifies New Zealand as one of the world’s “wealthy” countries. In terms of per capita GDP it is substantially below the American level, although between 1975 and 1998 real GDP per capita showed steady growth.

What is New Zealand’s main source of income?

Goods-producing industries: manufacturing; electricity, gas, water, and waste services; and construction industries. Primary industries: agriculture, forestry, fishing, and mining industries.