Placard celebrating overthrow of national government by military junta, April 21, 1967
Courtesy Sam and Sarah Stulberg

After World War II and the Civil War, Greece was in a political and economic shambles. With massive United States aid, however, new growth began almost immediately. Then, under Alexandros Papagos and Konstantinos Karamanlis, leaders of new conservative coalition parties, political conditions stabilized and the economy experienced an extended growth period (see Postwar Recovery , ch. 3).

Data as of December 1994