Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

5 of 5
BACKNEXT
Greece
Greece
The situation: Massive riots paralyzed Athens in May, after the cash-strapped and debt-ridden Greek government announced austerity measures would be imposed on the population. The mayhem appeared to climax with the fire-bombing of a bank that killed three employees, including a pregnant woman.

Financial hit: While no official estimate of the financial impact is available, it is certain to affect an economy where tourism accounts for about 15% of Greece's gross domestic product.

The response: The turmoil is over, at least for now. "The recent protests in Athens against the economic crisis, and the austerity measures taken by the Government were limited both in time and space," said Polyxeni Mastroperrou, spokeswoman for the Permanent Mission of Peace to the U.N. "They occurred only in the center of the capital and didn't last long."

The reality: The Aegean islands -- including Crete, Santorini and Mykonos -- were left unscathed. Lonely Planet travel editor Robert Reid says there is "no sign" of any trouble that would disrupt "a complete paradise vacation in the Greek islands." And with a relatively weak euro, this might be a great opportunity for U.S. travelers.

NEXT

Last updated June 18 2010: 12:14 PM ET
More Galleries
Best places to retire abroad in 2017 The top 10 places to retire overseas include beautiful beaches, cozy towns, and the best food you will ever eat -- all for half the cost of what you may pay in the U.S. More
Best business class airline lounges around the world Between August 2015 and May 2016, Skytrax surveyed over 19.2 million customers to find the best airline lounges. Here is what they found. More
What Boeing's new 737 Max 9 has under the hood Boeing unveiled its new, longer 737 Max 9 airliner earlier this month, the second member of the updated single-aisle jet family. The first aircraft will deliver to airlines starting in 2018. More

Special Offer