Greece

Location:
- Southern Europe;
- borders Ionian Sea and Mediterranean Sea;
- peninsular country, possessing an archipelago of about 3,000 islands, dominating the Aegean Sea and the southern entrance to the Turkish Straits.

Climate:
- Mediterranean climate with mild wet winters and hot, dry summers;
- snowfalls do occur occasionally during the winter.

Natural Hazards:
- severe earthquakes;
- droughts;
- wildfires.

European Union:
EU member, since 1981

Currency: Euro
Code: EUR
Since: 2001


Sources:



Flag



Location map
author: OCHA/ReliefWeb


 


Statistics

Greece FY2018 Market Portfolio

Greece 3Q2018 Market Portfolio

See all statistics

Latest news



GREECE: 1993-2018 natural catastrophes report

During 1993-2018, Greece insurers paid EUR 359 million for natural catastrophes claims. The 1999 earthquake was by far the most devastating and costly natural disaster, when a total of EUR 111 million in insurance indemnities were paid to the victims.




Greece: new bid for the Ethniki acquisition

After the failure of the previously announced acquisition attempts made by Fosun, Exin or Gongbao, it seems that a new opportunity to sell Ethniki - Hellenic General Insurance Co. presented itself to National Bank of Greece, with a bid launched by a consortium led by Hannover Re S.E.