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What significant economic success did Greece experience during Karamanlis's first term as Prime Minister?

  • Post-war Greek economic miracle

  • Greece became one of the top 5 economies in Europe

  • Greece's GDP doubled

  • Greece paid off all its external debt

Answer

Greece experienced a significant economic success during Karamanlis's first term as Prime Minister in the form of the Post-war Greek economic miracle. This period saw rapid economic growth and development, as well as a dramatic improvement in living standards. The Greek economy grew by an average of 8% per year between 1950 and 1973, and unemployment fell from 19% to 4%.
The Astounding Journey of Konstantinos Karamanlis: A Quiz on Greece's Visionary Leader

The Astounding Journey of Konstantinos Karamanlis: A Quiz on Greece's Visionary Leader

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