Economy of Greece Sea Economic Cooperation (BSEC). The country joined what is now the European Union in 1981. In 2001 Greece adopted the euro as its currency, replacing the Greek drachma at an exchange rate of 340.75 drachmae per euro. Greece is a member of the International Monetary Fund and of the World Trade Organization, and ranked 34th on Ernst & Young's Globalization Index 2011. World War II (1939-1945) devastated the country's economy, but the high levels of economic growth that followed from 1950 to 1980 have been called the Greek economic miracle. From 2000 Greece saw high levels of GDP growth above
Language and the euro a final "-o" (like "euro" from "Europa"), other linguists, like Ramón d'Andrés, defend the spelling "euro". Bulgarian uses Cyrillic. The current design of euro banknotes, except for the "new" €5, €10, €20, €50, and upcoming €100 banknotes, has the word "euro" written in Latin and Greek alphabets. The 2013 design of the € 5 banknote introduced Cyrillic, adopting the spelling ЕВРО, as described below. When Bulgaria issues Euro coins, if the Greek model is followed, the alternative spelling will go on the national (obverse) side. In popular Bulgarian usage the currency is referred to as евро and, less often, (from