Monday 7 January 2013
Greece: Black Economy 25% of GDP (and other news, including Defence Spending)
Kathimerini article
Update
Unrelated topical items on Greece:
Drilling Rights
Oligarchy (New York Times)
Defence spending (EUobserver):
Greece near top on defence spending
BY EUOBSERVER
Despite the economic crisis, Greece is the second-biggest defence spender among the 27 Nato countries after the United States, and spends over 2% of GDP on defence, according to statistics from the Alliance, reports the New York Times. More than 73% of the Greek defence budget is for personnel costs.
New York Times article
SIPRI Yearbook 2012: Military Expenditure in Greece
In US dollars: 7,502,000,000
% of GDP: 2.3%
Per capita: $1,230
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