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	BBC News \| Europe \| Euro Cash \| Spent currencies
		Some of the world's first coins ever are thought to have been produced in Greece and the drachma itself dates from the mid-6th century BC, drawing its name from the word for a "handful".
		But the phoenix lasted only five years, and was replaced by the traditional drachma, showing the head of the first king of the independent state, Otto.
		A currency reform introduced a new drachma which was worth 50bn of the old variety but nevertheless inflation continued.
	news.bbc.co.uk /hi/english/static/in_depth/business/2001/euro_cash/spent_currencies/drachma.stm (201 words)

	Greek drachma - Wikipedia, the free encyclopedia
		A modern Greek currency, introduced in 1832, and replaced by the euro in 2001 (at the rate of 340.750 drachma to the euro).
		Initially a drachma was a fistful (a "grasp") of 6 oboloi, sticks of metal used as currency as early as 1100BC.
		During the German occupation of Greece (1941-1944), catastrophic hyperinflation and Nazi looting of the Greek treasury made the drachma practically worthless; in 1944, old drachmae were exchanged for new ones at the ratio of 50,000,000,000 to 1.
	en.wikipedia.org /wiki/Drachma (719 words)

	Greece - Wikipedia, the free encyclopedia
		Greek partisan resistance to the occupation was fierce, often with bitter retaliation from the occupiers.
		Part of the Greek economy's impressive growth is attributed to the fact that the previous government tightened fiscal policy regulations in the run-up to the country's entry into the Eurozone, set on January 1, 2001(Greek euro coins).
		The earliest reference to a Greek Jew is in an inscription, dated circa 300–250 BC found in Oropos, a small coastal town between Athens and Boeotia, and refers to him as "Moschos, son of Moschion the Jew" who was in all likelihood, a slave.
	en.wikipedia.org /wiki/Greece (7129 words)

	Drachma
		The Greek historian Polybius, writing about the Roman armies during the Carthaginian wars, says that the daily wage of a cavalryman was 1 drachma, while an infantryman received 2 obols (one third as much) -- this is besides their daily grain ration.
		The 5th century Athenian 4 drachma piece had a profile bust of Athena on the front and her owl on the obverse.
		The latter side of this coin is represented on the national side of the Greek 1 euro coin, see Greek euro coins.
	www.ebroadcast.com.au /lookup/encyclopedia/dr/Drachma.html (147 words)

	NationMaster - Encyclopedia: Drachma
		Greece joined the European Economic and Monetary Union, on 1 January 2001, and exactly one year later, the drachma was officially replaced by the Euro at a rate of 340.75 drachmas to the Euro.
		Greek currencies The euro (€; ISO 4217 code EUR) is the currency of twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain.
		Drachma (δραχμή, pl. δραχμές) The name of this unit of Greek currency is derived from the verb "to grasp...
	www.nationmaster.com /encyclopedia/Drachma (2720 words)

	Dram (unit) - Wikipedia, the free encyclopedia
		The Greek drachm was a weight of 1/100 Greek mine, which is about 4.37 grams.
		Greek and Roman drachm were related by the ratio 25 : 32.
		The dram is the mass of 1/256 pound avoirdupois and 1/16 ounce.
	en.wikipedia.org /wiki/Drachm (245 words)

	The Greek Language
		Greek is spoken by the 10 million inhabitants of Greece and some 82% of the population of Cyprus, numbering a further half million.
		For example the Greek of Arcadia, the harsh mountainous interior of the Peloponnese, was closer to the Cypriot dialect than the Doric dialect used in the neighbouring southern Peloponnese.
		Greek hostility to the Skopje government since the demise of the former Yugoslav Federation is based on a perceived fear of a nationalist movement for a "Greater Macedonia" posing a threat to Greek territory.
	www.translexis.demon.co.uk /new_page_2.htm (4450 words)

	Drachma - Phantis
		A modern Greek currency, introduced in 1832, and replaced by the euro in 2001 (at the rate of 340.750 drachma to the euro).
		Initially a drachma was a fistful (a "grasp") of 6 oboloi, sticks of metal used as currency as early as 1100BC.
		During the German occupation of Greece (1941-1944), catastrophic hyperinflation and Nazi looting of the Greek treasury made the drachma practically worthless; in 1944, old drachmae were exchanged for new ones at the ratio of 50,000,000,000 to 1.
	wiki.phantis.com /index.php/Drachma (653 words)

	drachma - Search Results - MSN Encarta
		The monetary unit of Greece is the single currency of the EU, the euro (0.80 euros equal U.S. $1; 2005 average).
		Drachma, pl. drachmas or drachmae (δραχμή, pl. δραχμές or δραχμαί (until 1982)) is the name of: An ancient currency unit found in many Greek city states and...
		English: Drachma is an ancient currency unit (ancient drachma) found in many Greek city states and successor states, and in many middle-eastern kingdoms of the Hellenistic era.
	encarta.msn.com /drachma.html (132 words)

	BBC News \| EUROPE \| The demise of the drachma
		Before long drachmas were being minted at Greek settlements in southern Italy, with the result that the Romans switched from using bronze bars to coins in about 300 BC.
		The drachma disappeared for almost a millennium while Greece was ruled by foreign powers, but made its return shortly after the creation of the modern Greek state in 1827.
		The changeover evokes mixed feelings among Greeks, who will miss the drachma with their hearts, while recognising that it's been a weak currency - now worth only one twelfth as much against the dollar as it was in 1970.
	news.bbc.co.uk /1/hi/world/europe/1627442.stm (586 words)

	drachma â“ Dictionary Definition of drachma \| Encyclopedia.com: FREE Online Dictionary
		Drachma" for his brave and willful odyssey in safely delivering the Greek currency into Europe's exchange-rate mechanism, the antechamber...
		The proposed conversion rate between the Euro and the Drachma is 340.750 Drachma - which is the current central parity rate within the European Monetary...
		The Drachma joined the European Monetary System Mark II (EMS) with a central rate of Drachma 353.4 against the Euro.
	www.encyclopedia.com /doc/1O999-drachma.html (802 words)

	The Use of Obeliskoi
		Newton, Keeper of the Greek Antiquities, have been found at a later period in Greece.” It is not clear whether Day saw at the British Museum the rods found by Layard or whether the curator of the British Museum, Newton, had seen them.
		The Semitic origin of the Greek term drachma is clearly indicated by the variety of its spellings: drachmé, darchmé, darchma, darkma, darkna.
		Some Greek authors associated the name of the coin which came to be spelled as dareikos with King Dareios of Persia; but this is a popular etymology which is in conflict with the spelling darikos.
	www.metrum.org /measures/obeliskoi.htm (2036 words)

	EMBASSY OF GREECE: PRESS OFFICE - News Bulletin (Site not responding. Last check: )
		The Greek response also points out, while reaffirming the commitment to the Declaration of Principles signed in Madrid last July between Prime Minister Simitis and President Demirel, that the Declaration cannot be interpreted to restrict rights conferred by international law (such as, for example, the right to a 12-mile limit on territorial waters).
		Greek Prime Minister Costas Simitis added his own commentary on the issue in the course of a foreign policy debate in Parliament on February 26 when he ascribed strained relations to "Ankara's unacceptable demands and pressures" and reaffirmed Greece's call for a "step-by-step" approach to resolving problems, rejecting broad and vague political negotiations.
		The Greek Prime Minister added that Greek Foreign Minister Pangalos, in the course of his recent talks with the Serbian leadership in Belgrade, had urged the need for a conciliatory move on the part of the Serbs, such as the implementation of the 1996 agreement on education and a serious effort to engage in dialogue.
	www.greekembassy.org /press/bulletin/mar98.html (2704 words)

	G R E E C E
		The Greek patriarch was the political as well as the spiritual head of all the Orthodox Churches, and many Phanariotes-so called after the Greek quarter of Constantinople-held influential positions as Ottoman administrators and political advisers.
		Greek resentment culminated in a bloodless revolution in 1843, after which the king was compelled to grant the country a constitution.
		The Greek army was successful in driving the invaders from the country, however, and by December was in possession of a quarter of Albania.
	www.1001medrecipes.com /mGREECE.htm (13450 words)

	Athens News Agency: News in English (PM), 97-05-30
		A meeting was held at the Public Order Ministry yesterday between FBI officials and senior Greek police officers investigating the murder of shipowner Costas Peratikos, who was killed by the November 17 terrorist group on Wednesday as he left his office in Pireaus.
		The Greek drachma remained under pressure for the third consecutive day in the domestic money market with foreign currency outflows totalling 825 million US dollars on Thursday as the Bank of Greece intervened to support the ECU/drachma rate.
		According to market sources, the drachma's slide was not linked to developments in the Greek economy but reflected negative developments abroad after the German central bank rejected a plan to revalue gold reserves in order to cover a huge budget gap th is year.
	www.hri.org /news/greek/apeen/1997/97-05-30_1.apeen.html (1857 words)

	Definition of Drachma
		A modern Greek currency, introduced in 1832, and replaced by the Euro (at the rate of 340.750 drachma to the Euro).
		The name Drachma is derived from the verb "to grasp." Initially a drachma was a fistful (a "grasp") of 6 oboloi, sticks of metal used as currency as early as 1100BC.
		The ISO 4217 code for the Drachma is GRD; The currency sign is ₯; (Unicode character code #x20AF).
	www.wordiq.com /definition/Drachma (578 words)

	g_athens
		The Greeks also love their alcohol and pornography, every news stand and many movie theaters are filled with pornography.
		They sent their children to the gym right when they were born because, athletic ability meet that you were blessed by the Gods.
		The Greeks were one of the first civilizations to understand acoustics.
	www.bsu.edu /world2000/research/jarred/g_athens.htm (859 words)

	Greek 1 drachma - Circulation and commemorative coins
		When her second Spetsiot husband, D. Bouboulis, was killed during a battle with Algerian pirate ships in 1811, Bouboulina took over his trading operations and the preparation for the revolution.
		In December 1967 an abortive countercoup led by King Constantine forced the King into exile and a new constitution was approved by Greek voters in 1968, proclaiming Greece a republic.
		Description: According to the Greek Mythology, the goddess Hera who was not fond of Hercules made him lose his mind.
	www.fleur-de-coin.com /currency/greek1drachma.asp (980 words)

	Athens News Agency: News in English (AM), 97-11-06
		The Greek civilization, culture and history are at the centre of various activities, actively sponsored by the American Archdiocese, organised by Greek American organisations and targeted at third and fourth generation youths.
		Apart from not having been aligned to the rest of the EU member-states, the Greek econony is only in the middle of a long-term s tability programme, while exports are facing a serious problem as far as competitiveness is concerned.
		Finally, the US dollar eased 1.88 percent against the drachma on a monthly basis but was 12.86 percent up on the year and the Japanese yen fell 2.10 percent in October to show a gain of 6.16 percent since the start of the 1997.
	www.hri.org /news/greek/apeen/1997/97-11-06.apeen.html (2817 words)

	History of the Greek coins
		From about the eighth century B.C. and even after the Greeks were absorbed into the kingdoms of Alexander the Great and his successors, the Greek world was characterized by the polis, the city-state, of which there were several hundred.
		The historical portraits on early Greek coins are a significant contribution to the history of art.
		As the Greek world was divided into at least a hundred self-governing cities and towns (in Greek, poleis), and most of these issued their own coins, different weight standards co-existed.
	www.fleur-de-coin.com /currency/greekcoinshistory.asp?sec=4 (1194 words)

	FT.com - Special Reports / Euro
		With just a few days to go before the Greek drachma passes into history on January 1, the transition to the euro is proceeding smoothly.
		Greek traders have already been limbering up for the new order, said Anna Mihanou, a currency dealer at Commerzbank.
		Recent polls showed 70 per cent of Greek citizens in favour of euro membership while the drachma - Europe's second oldest currency - is often associated with economic failure.
	specials.ft.com /euro/FT3H4Q2STPC.html (400 words)

	Bank of Greece - Speeches
		In recent years economic policy in Greece has been oriented towards achieving a high degree of sustainable economic convergence and fully satisfying the criteria set by the Maastricht Treaty for participation in the third stage of EMU by the time compliance is examined in 2000.
		The central rate of the drachma was revalued by 3.5 per cent against the euro on 15 January this year.
		The new central rate of the drachma is 1 euro=340.75 drachma, and the standard fluctuation band of plus or minus 15 per cent continues to be observed around the central rate.
	www.bankofgreece.gr /en/announcements/text_speech.asp?speechid=9 (2313 words)

	Origin of the Drachma: Where Did the Greek Drachma Come From?
		The drachma was the standard currency of ancient and modern Greece (until Greece's switch to the Euro, anyway).
		The average adult could hold or grasp six obols in his or her hand, and thus six obols became equal to one drachma, which became the basic denomination of Greek currency.
		When the Athenians did begin minting coins around 510 B.C., the drachma continued to be used as the standard basic currency of Greece.
	ancienthistory.suite101.com /blog.cfm/origin_of_the_drachma (149 words)

	TheStreet.com: Global Briefing: Stocks Follow the U.S. Lower
		One of the factors that may be helping the yen today is the unwinding of yen carry trades, especially against the Greek drachma (unwinding short yen/long drachma positions).
		The drachma is being undermined by Greek's proximity to Serbia and Kosovo, where a NATO strike is planned.
		Greek stocks are being hit hard for the second consecutive session.
	www.thestreet.com /pf/comment/currency/727272.html (1086 words)

	Drachma (Site not responding. Last check: )
		The Euro and the Greeks have won, and the drachma again will slide into obscurity.
		The name of this unit of Greek currency is derived from the verb "to grasp." It is the name of both: #Modern Greek currency, replaced by the euro.
		The Arabic unit of currency known as dirham (in the Arabic language, درهم;), known from pre-Islamic times and afterwards, is derived from the ancient drachma, via Byzantium.
	www.wikiverse.org /drachma (228 words)

	SSRN-Predicting the Crises of the Greek Drachma by Costas Karfakis
		SSRN-Predicting the Crises of the Greek Drachma by Costas Karfakis
		The paper investigates the role of fundamentals in the speculative episodes experienced by the Greek drachma during the 1990s, and examines whether the openness of the Greek economy has altered the role of fundamentals in the likelihood of a currency crisis.
		Karfakis, Costas, "Predicting the Crises of the Greek Drachma".
	papers.ssrn.com /sol3/papers.cfm?abstract_id=330786 (199 words)

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