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Modern Drachma
The ''drachma'' ( el, δραχμή) was the official currency of modern Greece from 1832 until the launch of the euro in 2001. First modern drachma The drachma was reintroduced in May 1832, shortly before the establishment of the Kingdom of Greece. It replaced the ''phoenix'' at par. The drachma was subdivided into 100 lepta. Coins The first coinage consisted of copper denominations of 1λ, 2λ, 5λ and 10λ, silver denominations of ₯, ₯, ₯1 and ₯5 and a gold coin of ₯20. The drachma coin weighed 4.5 g and contained 90% silver, with the ₯20 coin containing 5.8 g of gold. In 1868, Greece joined the Latin Monetary Union and the drachma became equal in weight and value to the French franc. The new coinage issued consisted of copper coins of 1λ, 2λ, 5λ and 10λ, with the 5λ and 10λ coins bearing the names ''obolos'' () and ''diobolon'' (), respectively; silver coins of 20λ and 50λ, ₯1, ₯2 and ₯5 and gold coins of ₯5, ₯10 and ₯20. (Very smal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greece
Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to the northeast. The Aegean Sea lies to the east of the Geography of Greece, mainland, the Ionian Sea to the west, and the Sea of Crete and the Mediterranean Sea to the south. Greece has the longest coastline on the Mediterranean Basin, featuring List of islands of Greece, thousands of islands. The country consists of nine Geographic regions of Greece, traditional geographic regions, and has a population of approximately 10.4 million. Athens is the nation's capital and List of cities and towns in Greece, largest city, followed by Thessaloniki and Patras. Greece is considered the cradle of Western culture, Western civilization, being the birthplace of Athenian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Otto Of Greece
Otto (, ; 1 June 181526 July 1867) was a Bavarian prince who ruled as King of Greece from the establishment of the monarchy on 27 May 1832, under the Convention of London, until he was deposed on 23 October 1862. The second son of King Ludwig I of Bavaria, Otto ascended the newly created throne of Greece at age 17. His government was initially run by a three-man regency council made up of Bavarian court officials. Upon reaching his majority, Otto removed the regents when they proved unpopular with the people, and he ruled as an absolute monarch. Eventually his subjects' demands for a constitution proved overwhelming, and in the face of an armed (but bloodless) insurrection, Otto granted a constitution in 1843. Throughout his reign Otto was unable to resolve Greece's poverty and prevent economic meddling from outside. Greek politics in this era were based on affiliations with the three Great Powers that had guaranteed Greece's independence, Britain, France and Russia, and Ot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2004 Summer Olympics
The 2004 Summer Olympics ( el, Θερινοί Ολυμπιακοί Αγώνες 2004, ), officially the Games of the XXVIII Olympiad ( el, Αγώνες της 28ης Ολυμπιάδας, ) and also known as Athens 2004 ( el, Αθήνα 2004), were an international multi-sport event held from 13 to 29 August 2004 in Athens, Greece. The Games saw 10,625 athletes compete, some 600 more than expected, accompanied by 5,501 team officials from 201 countries, with 301 medal events in 28 different Olympic sports, sports. The 2004 Games marked the first time since the 1996 Summer Olympics that all countries with a National Olympic Committee were in attendance, and also marked the first time Athens hosted the Games since their first modern incarnation in 1896 Summer Olympics, 1896 as well as the return of the Olympic games to its birthplace. Athens became one of only four cities at the time to have hosted the Summer Olympic Games on two occasions (together with Paris, London and Los ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Europa (mythology)
In Greek mythology, Europa (; grc, Εὐρώπη, ''Eurṓpē'', ) was a Phoenician princess of Argive Greek origin, and the mother of King Minos of Crete. The continent of Europe may be named after her. The story of her abduction by Zeus in the form of a bull was a Cretan story; as classicist Károly Kerényi points out, "most of the love-stories concerning Zeus originated from more ancient tales describing his marriages with goddesses. This can especially be said of the story of Europa." Europa's earliest literary reference is in the ''Iliad'', which is commonly dated to the 8th century BC. Another early reference to her is in a fragment of the Hesiodic ''Catalogue of Women'', discovered at Oxyrhynchus.Hesiodic papyrus fragment19 and 19A of the ''Catalogue of Women'', dating from the third century AD. The earliest vase-painting securely identifiable as Europa dates from the mid-7th century BC. Etymology Greek (''Eurṓpē'') contains the elements εὐρύς (''eurus''), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Constantine II Of Greece
Constantine II ( el, Κωνσταντίνος Βʹ, ''Konstantínos II''; 2 June 1940) reigned as the last King of Greece, from 6 March 1964 until the abolition of the Monarchy of Greece, Greek monarchy on 1 June 1973. Constantine is the only son of Paul of Greece, King Paul and Frederica of Hanover, Queen Frederica of Kingdom of Greece, Greece. As his family was forced into exile during the Second World War, he spent the first years of his childhood in Kingdom of Egypt, Egypt and Union of South Africa, South Africa. He returned to Greece with his family in 1946 during the Greek Civil War. George II of Greece, King George II died in 1947, and Constantine's father became the new king, making Constantine the Crown Prince of Greece, crown prince. He acceded as king in 1964 following the death of his father, Paul of Greece, King Paul. Later that year he married Princess Anne-Marie of Denmark with whom he eventually had five children. Although the accession of the young monarch was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Of Greece
Paul ( el, Παύλος, ''Pávlos''; 14 December 1901 – 6 March 1964) was King of Greece from 1 April 1947 until his death in 1964. He was succeeded by his son, Constantine II. Paul was first cousin to Prince Philip, Duke of Edinburgh and father-in-law to Juan Carlos I of Spain. Early life Paul was born on 14 December 1901 at the Tatoi Palace in Attica north of Athens, the third son of King Constantine I of Greece and his wife, Princess Sophia of Prussia. He trained as an army officer at the Royal Military College, Sandhurst and later at the Hellenic Military Academy in Kypseli, Athens. Paul was an army officer cadet in the Coldstream Guards and Lieutenant with the Evzones. From 1917 to 1920, Paul lived in exile with his father, Constantine I. From 1923 to 1935, he lived in exile again in England, this time with his brother, George II. He worked briefly in an aircraft factory under an alias, and through Viscount Tredegar met and befriended notorious literary muse Denham ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal Tender
Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. Some jurisdictions allow contract law to overrule the status of legal tender, allowing (for example) merchants to specify that they will not accept cash payments. Coins and banknotes are usually defined as legal tender in many countries, but personal cheques, credit cards, and similar non-cash methods of payment are usually not. Some jurisdictions may include a specific foreign currency as legal tender, at times as its exclusive legal tender or concurrently with its domestic currency. Some jurisdictions may forbid or restrict payment made by other than legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bretton Woods System
The Bretton Woods system of monetary management established the rules for commercial and financial relations among the United States, Canada, Western European countries, Australia, and Japan after the 1944 Bretton Woods Agreement. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent states. The Bretton Woods system required countries to guarantee convertibility of their currencies into U.S. dollars to within 1% of fixed parity rates, with the dollar convertible to gold bullion for foreign governments and central banks at US$35 per troy ounce of fine gold (or 0.88867 gram fine gold per dollar). It also envisioned greater cooperation among countries in order to prevent future competitive devaluations, and thus established the International Monetary Fund (IMF) to monitor exchange rates and lend reserve currencies to nations with balance of payments deficits. Preparing to rebuild the interna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Konstantinos Kanaris 100 Drachma Front
Konstantinos or Constantinos (Κωνσταντίνος, ''Konstantínos'') is a Greek male given name. * Konstantinos (born 1972), occultist * Konstantinos "Kosta" Barbarouses (born 1990), New Zealand footballer * Konstantinos Chalkias (born 1974), Greek footballer * Konstadinos Gatsioudis (born 1973), Greek athlete * Konstantinos Gavras (born 1933), Greek-French filmmaker * Konstantinos Kanaris (1790–1877), Greek admiral and statesman, former Prime Minister of Greece * Konstantinos Karamanlis (1907–1998), former Prime Minister and President of Greece * Konstantinos Kenteris (born 1973), Greek athlete (sprinter) and Olympic gold medalist * Konstantinos Koukodimos (born 1969), former Greek athlete and politician * Konstantinos Logothetopoulos (1878–1961), former Prime Minister of Greece * Kostas Mitroglou (born 1988), Greek footballer * Konstantinos Mitsotakis (1918–2017), former Prime Minister of Greece * Konstantinos Paparrigopoulos (1815–1891), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyperinflation
In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies. When measured in stable foreign currencies, prices typically remain stable. Unlike low inflation, where the process of rising prices is protracted and not generally noticeable except by studying past market prices, hyperinflation sees a rapid and continuing increase in nominal prices, the nominal cost of goods, and in the supply of currency. Typically, however, the general price level rises even more rapidly than the money supply as people try ridding themselves of the devaluing currency as quickly as possible. As this happens, the real stock of money (i.e., the amount of circulating money divided by the price level) decreases considerably.Bernholz, Peter 2003, chapter 5.3 Almost all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
