Greece: Americans Bearing Gifts

Greece has doubled its gross national product, industrial production and personal income since World War II, and tourists thronging to the magic isles have helped provide a favorable balance of payments. But the economy is still fragile: Greece imports twice as much in machinery and goods as it exports in farm products, and jobs are so scarce that more Greeks last year went abroad to work than were born.

To shore up the economy and qualify Greece for continued Common Market associate membership, Prime Minister George Papandreou's government hopes to secure $900...

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