Sri Lanka, March 17 -- An analysis by Emeritus Prof. Sirimal Abeyratne, Faculty of Economics, University of Colombo Countries that overcame the debt crisis Greece is located in South-Eastern Europe at the southern tip of the Balkan Peninsula. Its land borders Albania, the Republic of Macedonia with Bulgaria to the north and Turkey to the east. Greece has the tenth longest coastline in the world. The country is also known as the birthplace of Western civilisation and democracy.

Greece has been a member of the European Union (EU) since 1981 and EU's Economic and Financial Committee since 2001. It has been a NATO member since 1952 and the European Space Agency (ESA) since 2005. Greece is also founding member of the United Nations, the Organ...