Kronenburg Estates S.L.

Greece, officially the Hellenic Republic, historically also known as Hellas, is a country located in Southern Europe, with a population of approximately 11 million as of 2016. Athens is the nation's capital and largest city, followed by Thessaloniki.

Greece is located at the crossroads of Europe, Asia, and Africa. Situated on the southern tip of the Balkan Peninsula, it shares land borders with Albania to the northwest, the former Yugoslav Republic of Macedonia and Bulgaria to the north, and Turkey to the northeast. The Aegean Sea lies to the east of the mainland, the Ionian Sea to the west, the Cretan Sea and the Mediterranean Sea to the south. Greece has the longest coastline on the Mediterranean Basin and the 11th longest coastline in the world at 13,676 km (8,498 mi) in length, featuring a large number of islands, of which 227 are inhabited. Eighty percent of Greece is mountainous, with Mount Olympus being the highest peak at 2,918 metres. The country consists of nine geographic regions: Macedonia, Central Greece, the Peloponnese, Thessaly, Epirus, the Aegean Islands (including the Dodecanese and Cyclades), Thrace, Crete, and the Ionian Islands.

Greece is a democratic and developed country with an advanced high-income economy, a high quality of life, and a very high standard of living. A founding member of the United Nations, Greece was the tenth member to join the European Communities (precursor to the European Union) and has been part of the Eurozone since 2001. It is also a member of numerous other international institutions, including the Council of Europe, the North Atlantic Treaty Organization (NATO), the Organisation for Economic Co-operation and Development (OECD), the World Trade Organization (WTO), the Organization for Security and Co-operation in Europe (OSCE), and the Organisation internationale de la Francophonie (OIF). Greece's unique cultural heritage, large tourism industry, prominent shipping sector and geostrategic importance classify it as a middle power. It is the largest economy in the Balkans, where it is an important regional investor.

Geography

Located in Southern Europe, Greece is a transcontinental country that consists of a mountainous, peninsular mainland jutting out into the sea at the southern end of the Balkans, ending at the Peloponnese peninsula (separated from the mainland by the canal of the Isthmus of Corinth) and strategically located at the crossroads of Europe, Asia, and Africa. Due to its highly indented coastline and numerous islands, Greece has the 11th longest coastline in the world with 13,676 km; its land boundary is 1,160 km . The country lies approximately between latitudes 34° and 42° N, and longitudes 19° and 30° E, with the extreme points being:

• North: Ormenio village
• South: Gavdos island
• East: Strongyli (Kastelorizo, Megisti) island
• West: Othonoi island

Eighty percent of Greece consists of mountains or hills, making the country one of the most mountainous in Europe. Mount Olympus, the mythical abode of the Greek Gods, culminates at Mytikas peak 2,918 metres, the highest in the country. Western Greece contains a number of lakes and wetlands and is dominated by the Pindus mountain range. The Pindus, a continuation of the Dinaric Alps, reaches a maximum elevation of 2,637 m at Mt. Smolikas (the second-highest in Greece) and historically has been a significant barrier to east-west travel.

Climate

The climate of Greece is primarily Mediterranean, featuring mild, wet winters and hot, dry summers. This climate occurs at all coastal locations, including Athens, the Cyclades, the Dodecanese, Crete, the Peloponnese, the Ionian Islands and parts of the Central Continental Greece region. The Pindus mountain range strongly affects the climate of the country, as areas to the west of the range are considerably wetter on average (due to greater exposure to south-westerly systems bringing in moisture) than the areas lying to the east of the range (due to a rain shadow effect).

The mountainous areas of Northwestern Greece (parts of Epirus, Central Greece, Thessaly, Western Macedonia) as well as in the mountainous central parts of Peloponnese – including parts of the regional units of Achaea, Arcadia and Laconia – feature an Alpine climate with heavy snowfalls. The inland parts of northern Greece, in Central Macedonia and East Macedonia and Thrace feature a temperate climate with cold, damp winters and hot, dry summers with frequent thunderstorms. Snowfalls occur every year in the mountains and northern areas, and brief snowfalls are not unknown even in low-lying southern areas, such as Athens.

Demographics

According to the official statistical body of Greece, the Hellenic Statistical Authority (ELSTAT), the country's total population in 2011 was 10,816,286. The birth rate in 2003 stood at 9.5 per 1,000 inhabitants, significantly lower than the rate of 14.5 per 1,000 in 1981. At the same time, the mortality rate increased slightly from 8.9 per 1,000 inhabitants in 1981 to 9.6 per 1,000 inhabitants in 2003. Estimates from 2016 show the birth rate decreasing further still to 8.5 per 1,000 and mortality climbing to 11.2 per 1,000.

Greek society has changed rapidly over the last several decades, coinciding with the wider European trend of declining fertility and rapid aging. The fertility rate of 1.41 is below replacement levels and is one of the lowest in the world, subsequently leading to an increase in the median age to 44.2 years, the seventh-highest in the world. In 2001, 16.71 percent of the population were 65 years old and older, 68.12 percent between the ages of 15 and 64 years old, and 15.18 percent were 14 years old and younger. By 2016, the proportion of the population age 65 and older rose to 20.68 percent, while those age 14 and younger declined to slightly below 14 percent.

Marriage rates began declining from almost 71 per 1,000 inhabitants in 1981 until 2002, only to increase slightly in 2003 to 61 per 1,000 and then fall again to 51 in 2004. Moreover, divorce rates have seen an increase from 191.2 per 1,000 marriages in 1991 to 239.5 per 1,000 marriages in 2004. As a result of these trends, the average Greek household is smaller and older than in previous generations.