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The areas it comprises are southeastern Bulgaria (Northern Thrace), northeastern Greece (Western Thrace), and the European part of Turkey (Eastern Thrace). The biggest part of Thrace is part of present-day Bulgaria.In Turkey, it is also called Rumeli.hrace in ancient Greek mythology [edit]. Ancient Greek mythology provides them with a mythical ancestor, named Thrax, son of the war-god Ares, who was said to reside in Thrace. The Thracians appear in Homer 's Iliad as Trojan allies, led by Acamas and Peiros.
Ancient Thrace was rich in gold and silver, and maintained healthy trade with Greece and other European kingdoms. Persian and Roman Annexation. In around 516 BC to 510 BC, Thrace was invaded and annexed by Persian emperors. In 360 BC, Philip II, King of Macedon, annexed Thrace as part of the Macedonian empire.When his son Alexander the Great set out on his massive expansion campaign, Alexander greatly relied on the Thracian warriors who were part of his army.ut the antiquity of Thrace dates back to ancient Greek legends and the geographical boundaries of the Kingdom of Thrace were the Bosphorus Strait, the Balkan Mountains, and the Rhodope Mountains.