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
Euro Currency Index Euro Currency Index, since the competitiveness of European goods in comparison to other countries and trading partners is included in it. On September 13, 2005 Dow Jones & Company published two versions of the index, the Dow Jones Euro Currency Index (DJEURO) and the Dow Jones Euro Currency 5 Index (DJEURO5). Under-lyings of each were 100 points on 31 December 1998. The calculation of the Dow Jones Euro Currency 5 Index was set on 29 August 2008 (last value 121.97 points) and the calculation of the Dow Jones Euro Currency Index on 9 January 2009 (last value 119.41 points). The