That's a good question, and one that I'm not in a position to answer. However the greek economy is not just olive oil and tourism, but those sectors are huge [

That's a good question, and one that I'm not in a position to answer. However the greek economy is not just olive oil and tourism, but those sectors are huge [1]. The Greeks also export finished petrochemical goods, have (had?) the largest commercial shipping fleet, control flow through the Mediterranean (the islands). More importantly they can have a balanced budget if ppl negotiate in good faith. [1] it annoys me when ppl disparage greece's "olive oil" sector. Olive oil, like greek agriculture in general is high value (see how much it sells for in Whole Foods). Greek olive oil isn't like Iowa potatoes, but more like California citrus groves.