A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders . Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company.
149-580: Ukraine International Airlines PJSC , often shortened to UIA ( Ukrainian : Авіакомпанія Міжнародні Авіалінії України , romanized : Aviakompaniya Mizhnarodni Avialiniyi Ukrayiny , IPA: [ɑwijɐkomˈpɑn⁽ʲ⁾ijɐ miʒnɐˈrɔd⁽ʲ⁾n⁽ʲ⁾i ˌɑwijɐˈl⁽ʲ⁾in⁽ʲ⁾iji ʊkrɐˈjinɪ] ), was the flag carrier and the largest airline of Ukraine , with its head office in Kyiv and its main hub at Kyiv's Boryspil International Airport . It operates domestic and international passenger flights and cargo services to Europe,
298-482: A constitution and representative assembly . Despite the absolutism of Otto's reign, it proved instrumental in developing institutions which are still the bedrock of Greek administration and education. Reforms were taken in education, maritime and postal communications, effective civil administration and the legal code . Historical revisionism took the form of de- Byzantinification and de- Ottomanisation , in favour of promoting Ancient Greek heritage. The capital
447-766: A public limited company ). The Ukrainian form of the private limited company is called товариство з обмеженою відповідальністю (ТОВ or ТзОВ). Greece – in Europe (light green & dark grey) – in the European Union (light green) Greece , officially the Hellenic Republic , is a country in Southeast Europe . Located on the southern tip of the Balkan peninsula , Greece shares land borders with Albania to
596-672: A subsidiary of another corporation (its parent company ), which may itself be either a closely held or a public corporation. In some jurisdictions, the subsidiary of a listed public corporation is also defined as a public corporation (for example, in Australia ). In Australia corporations are registered and regulated by the Commonwealth Government through the Australian Securities and Investments Commission . Corporations law has been largely codified in
745-438: A 2018 Forest Landscape Integrity Index mean score of 6.6/10, ranking it 70th globally out of 172 countries. In 2024, Greece became the first country in the European Union to ban bottom trawling in marine protected areas what should protect its marine biodiversity . Rare marine species such as the pinniped seals and the loggerhead sea turtle live in the seas surrounding mainland Greece, while its dense forests are home to
894-405: A company with legal liability, not being a partnership, had a distinct legal personality that was separate from that of its individual shareholders. The existence of a corporation requires a special legal framework and body of law that specifically grants the corporation legal personality, and it typically views a corporation as a fictional person, a legal person, or a moral person (as opposed to
1043-459: A corporate tax rate, and dividends paid to shareholders are taxed at a separate rate. Such a system is sometimes referred to as " double taxation " because any profits distributed to shareholders will eventually be taxed twice. One solution, followed by as in the case of the Australian and UK tax systems, is for the recipient of the dividend to be entitled to a tax credit to address the fact that
1192-552: A coup in 1967 by the Greek junta , led by Georgios Papadopoulos . Civil rights were suspended, political repression intensified, and human rights abuses, including torture, were rampant. Economic growth remained rapid before plateauing in 1972. The brutal suppression of the Athens Polytechnic uprising in 1973 set in motion the fall of the regime, resulting in a counter-coup that established brigadier Dimitrios Ioannidis as
1341-529: A failed attempt to annex Crete from the Ottomans. He was replaced by Prince Wilhelm of Denmark, who took the name George I and brought with him the Ionian Islands as a coronation gift from Britain. A new Constitution in 1864 changed Greece's form of government from constitutional monarchy to the more democratic crowned republic . In 1875 parliamentary majority as a requirement for government
1490-432: A form for smaller enterprises, are becoming increasingly common. Between 2002 and 2008, the intermediary corporation ( 中間法人 , chūkan hōjin ) existed to bridge the gap between for-profit companies and non-governmental and non-profit organizations. In Latvia , which uses a model similar to Germany, a public stock company is called an akciju sabiedrība (a/s, A/S or AS), whereas a private, 'limited liability company'
1639-614: A large number of members. The shares of each member can be purchased, sold, and transferred without the consent of other members. Its capital is divided into transferable shares, suitable for large undertakings. Joint stock companies have a perpetual succession and a common seal. Ownership refers to a large number of privileges. The company is managed on behalf of the shareholders by a board of directors, elected at an annual general meeting. The shareholders also vote to accept or reject an annual report and audited set of accounts. Individual shareholders can sometimes stand for directorships within
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#17327801548301788-613: A large pool of shareholders with management in the hands of jingshang , merchants who operated their businesses using investors' funds, with investor compensation based on profit-sharing, reducing the risk of individual merchants and burdens of interest payment. The operation of these joint investment partnerships can be examined in a mathematical problem included in the Mathematical treatise in nine sections ( Shu-shu chiu-chang ) (1247 ed.) of Ch'in Chiu-shao (c.1202–61). Although
1937-640: A legal entity that has shares (Bosnian/Croatian: dionica or vrijednosni papir ; Serbian: akcija or hartija od vrijednosti - Cyrillic : акција or хартија од вриједности ) that can be traded in a free market or stock exchanges in the Bosnia and Herzegovina (listed in Sarajevo Stock Exchange or Banja Luka Stock Exchange ). In Bulgaria , a joint-stock company is called a aktsionerno druzhestvo or AD ( Bulgarian : акционерно дружество or АД ). When all shares are owned by
2086-660: A more viable financial structure than previous guilds or state-regulated companies. The first joint-stock companies to be implemented in the Americas were the London Company and the Plymouth Company . Transferable shares aim to achieve positive returns on equity , which is evidenced by investment in companies like the East India Company, which used the financing model to manage their trade on
2235-460: A much smaller hit to their returns as opposed to those involved with a closely held corporation. Publicly traded companies, however, can suffer from that advantage. A closely held corporation can often voluntarily take a hit to profit with little to no repercussions if it is not a sustained loss. A publicly traded company often comes under extreme scrutiny if profit and growth are not evident to stock holders, thus stock holders may sell, further damaging
2384-467: A natural person) which shields its owners (shareholders) from "corporate" losses or liabilities; losses are limited to the number of shares owned. It furthermore creates an inducement to new investors (marketable stocks and future stock issuance). Corporate statutes typically empower corporations to own property, sign binding contracts, and pay taxes in a capacity separate from that of its shareholders, who are sometimes referred to as "members". The corporation
2533-462: A population of over 10.4 million. Athens is the nation's capital and largest city , followed by Thessaloniki and Patras . Greece is considered the cradle of Western civilization , being the birthplace of democracy , Western philosophy , Western literature , historiography , political science , major scientific and mathematical principles, theatre , and the Olympic Games . From
2682-625: A publicly traded company, as there will generally be fewer voting shareholders, and the shareholders would have common interests. A publicly traded company is also at the mercy of the market, with capital flow in and out based not only on what the company is doing but also on what the market and even what the competitors, major and minor, are doing. However, publicly traded companies also have advantages over their closely held counterparts. Publicly traded companies often have more working capital and can delegate debt throughout all shareholders. Therefore, shareholders of publicly traded company will each take
2831-511: A responsabilità limitata , or S.r.l.), and the publicly traded partnership ( società in accomandita per azioni , or S.a.p.a.). The latter is a hybrid of the limited partnership and public limited company, having two categories of shareholders, some with and some without limited liability, and is rarely used in practice. In Japan , both the state and local public entities under the Local Autonomy Act (now 47 prefectures , made in
2980-719: A ruling minority. As a result, during the centuries that followed a vernacular form of Greek , known as koine , and Greek culture was spread , while the Greeks adopted Eastern deities and cults . Greek science, technology, and mathematics reached their peak during the Hellenistic period. Aspiring to maintain their autonomy and independence from the Antigonid kings of the Macedonians , many poleis of Greece united in koina or sympoliteiai i.e. federations, while after
3129-773: A significant barrier to east–west travel. Its extensions cross through the Peloponnese, ending in the island of Crete. The Vikos Gorge , part of the Vikos-Aoos National Park in the Pindus range, is listed by the Guinness book of World Records as the deepest gorge in the world. Another notable formation are the Meteora rock pillars, atop which have been built medieval Greek Orthodox monasteries. Northeastern Greece features another high-altitude mountain range,
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#17327801548303278-478: A single shareholder the company receives the special designation of ednolichno aktsionerno druzhestvo or EAD ( Bulgarian : еднолично акционерно дружество or ЕАД ). In Canada both the federal government and the provinces have corporate statutes, and thus a corporation may be incorporated either provincially or federally. Many older corporations in Canada stem from Acts of Parliament passed before
3427-611: A stock transfer for an eighth of the company (or more specifically, the mountain in which the copper resource was available) as early as 1288. In more recent history, the earliest joint-stock company recognized in England was the Company of Merchant Adventurers to New Lands , founded in 1551 with 240 shareholders. It became the Muscovy Company , which had a monopoly on trade between Russia and England , when royal charter
3576-496: Is 1,160 km (721 mi). The country lies approximately between latitudes 34° and 42° N , and longitudes 19° and 30° E , with the extreme points being: the village Ormenio in the North and the islands Gavdos (South), Strongyli near Kastellorizo /Megisti (East), and Othonoi (West). The island Gavdos is considered the southernmost island of Europe. Approximately 80% of Greece consists of mountains or hills, making
3725-584: Is a matter of definition. An early form of joint-stock company was the medieval commenda , although it was usually employed for a single commercial expedition. Around 1350 in France at Toulouse , 96 shares of the Société des Moulins du Bazacle , or Bazacle Milling Company were traded at a value that depended on the profitability of the mills the society owned, making it probably the first company of its kind in history. The Swedish company Stora has documented
3874-419: Is also empowered to borrow money, both conventionally and directly to the public, by issuing interest-bearing bonds. Corporations subsist indefinitely; "death" comes only by absorption (takeover) or bankruptcy. According to Lord Chancellor Haldane , ...a corporation is an abstraction. It has no mind of its own any more than it has a body of its own; its active and directing will must consequently be sought in
4023-624: Is called a sabiedrība ar ierobežotu atbildību (SIA). State-owned variants of these companies add an initial capital V ( valsts - 'state'), as in VAS and VSIA. In Norway, a joint-stock company is called an aksjeselskap , abbreviated AS . A special and by far less common form of joint-stock companies, intended for companies with a large number of shareholders, is the publicly traded joint-stock companies, called allmennaksjeselskap and abbreviated ASA . A joint-stock company must be incorporated, has an independent legal personality and limited liability, and
4172-675: Is lifted, and Ukrainian airspace is reopened". In 2023, the assets of the company were sold in an auction where Okealos Company LLC acquired the trademarks of the airline. On 22 November, the Commercial Court of Kyiv City placed company into bankruptcy administration due to debt owned to Ukreximbank . In February 2011, the Ukrainian government sold its 61.6% stake in UIA to three existing minority shareholders for ₴ 287 million (US$ 36.2 million). As of 26 July 2013,
4321-495: Is mostly found in archaic or poetic contexts today. The Greek adjectival form ελληνικός ( ellinikos , [eliniˈkos] ) is sometimes also translated as Hellenic and is often rendered in this way in the formal names of Greek institutions, as in the official name of the Greek state, the Hellenic Republic ( Ελληνική Δημοκρατία , [eliniˈci ðimokraˈti.a] ). The English names Greece and Greek are derived, via
4470-503: Is required to have a certain capital upon incorporation. Ordinary joint-stock companies must have a minimum capital of NOK 30,000 upon incorporation, which was reduced from 100,000 in 2012. Publicly traded joint-stock companies must have a minimum capital of NOK 1 million. See: Open joint-stock company (OJSC). In Spain there are two types of companies with limited liability: (i) "S.L.", or Sociedad Limitada (a private limited company ), and (ii) "S.A.", or Sociedad Anónima (similar to
4619-496: Is that publicly traded corporations have the burden of complying with additional securities laws, which (especially in the US) may require additional periodic disclosure (with more stringent requirements), stricter corporate governance standards as well as additional procedural obligations in connection with major corporate transactions (for example, mergers) or events (for example, elections of directors). A closely held corporation may be
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4768-621: Is today the European Union in 1981 and is part of the eurozone . It is a member of other international institutions, including the Council of Europe , NATO (since 1952), the OECD , the WTO , and the OSCE . Greece has a unique cultural heritage, large tourism industry , and prominent shipping sector . The country's rich historical legacy is reflected in part by its 19 UNESCO World Heritage Sites . Greece
4917-657: The Aktiengesellschaft (AG), analogous to public limited companies (or corporations in US/Can) in the English-speaking world, and the Gesellschaft mit beschränkter Haftung (GmbH), similar to the modern private limited company . Italy recognizes three types of company limited by shares: the public limited company ( società per azioni , or S.p.A.), the private limited company ( società
5066-706: The Canada Business Corporations Act . The Chilean form of joint-stock company is called Sociedad por Acciones (often abbreviated "SpA"). They were created in 2007 by Law N° 20.190, and they are the most recent variety of societary types, as they represent a simplified form of corporation – originally conceived for venture capital companies. According to the Ministry of Economy's Business and Society Registry, SpAs accounted for 71.42% of new businesses in October 2023. The Czech form of
5215-1068: The Boreal Kingdom and is shared between the East Mediterranean province of the Mediterranean Region and the Illyrian province of the Circumboreal Region . According to the World Wide Fund for Nature and the European Environment Agency , the territory of Greece can be subdivided into six ecoregions : the Illyrian deciduous forests , Pindus Mountains mixed forests , Balkan mixed forests , Rhodope montane mixed forests , Aegean and Western Turkey sclerophyllous and mixed forests , and Crete Mediterranean forests . It had
5364-526: The Corporations Act 2001 . In Brazil there are many different types of legal entities ( sociedades ), but the two most common ones commercially speaking are (i) sociedade limitada , identified by "Ltda." or "Limitada" after the company's name, equivalent to the British limited liability company, and (ii) sociedade anônima or companhia , identified by "SA" or "Companhia" in
5513-582: The Cyclades , as well as some areas in the north featuring a cold equivalent climate ( Köppen : BSk ), such as the cities of Thessaloniki and Larissa . The mountainous areas and the higher elevations of northwestern Greece (parts of Epirus , Central Greece , Thessaly , Western Macedonia ) as well as in the mountainous central parts of Peloponnese – including parts of the regional units of Achaea , Arcadia , and Laconia – feature an Alpine climate ( Köppen : D , E ) with heavy snowfalls during
5662-551: The Dutch East India Company issued shares that were made tradable on the Amsterdam Stock Exchange . The development enhanced the ability of joint-stock companies to attract capital from investors, as they could now easily dispose of their shares. In 1612, it became the first 'corporation' in intercontinental trade with 'locked in' capital and limited liability. The joint-stock company became
5811-496: The European Bank for Reconstruction and Development became a shareholder by investing $ 5.4 million. In 2006, UIA adopted a new classification system for freight operations which allowed the airline to carry a wider range of goods, ranging from live animals to fresh food and valuable objects. Additionally, an express service was introduced to meet the needs of customers wishing to use expedited cargo-delivery services. In
5960-594: The Golden Age of Athens , a seminal period that laid many foundations of Western civilization. Lack of political unity resulted in frequent conflict between Greek states. The most devastating intra-Greek war was the Peloponnesian War (431–404 BC), which marked the demise of the Athenian Empire and the emergence of Spartan and later Theban hegemony . Weakened by constant wars among them during
6109-462: The Greek genocide (1914–22), when Ottoman and Turkish officials contributed to the death of several hundred thousand Asia Minor Greeks, along with similar numbers of Assyrians and a larger number of Armenians . The resultant Greek exodus from Asia Minor was made permanent, and expanded, in an official population exchange between Greece and Turkey , as part of the Treaty of Lausanne which ended
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6258-491: The Indian subcontinent . Joint-stock companies paid out divisions (dividends) to their shareholders by dividing up the profits of the voyage in the proportion of shares held. Divisions were usually cash, but when working capital was low and detrimental to the survival of the company, divisions were either postponed or paid out in remaining cargo, which could be sold by shareholders for profit. However, in general, incorporation
6407-508: The London Conference of 1832 , Britain, France and Russia installed Bavarian Prince Otto von Wittelsbach as monarch . Otto's reign was despotic , and in its first 11 years of independence Greece was ruled by a Bavarian oligarchy led by Josef Ludwig von Armansperg and, later, by Otto himself, as King and Premier. Greece remained under the influence of its three protecting great powers. In 1843 an uprising forced Otto to grant
6556-620: The Macedonian Struggle , which ended with the Young Turk Revolution in 1908. Amidst dissatisfaction with the seeming inertia and unattainability of national aspirations , military officers organised a coup in 1909 and called on Cretan politician Eleftherios Venizelos , who conveyed a vision of national regeneration. After winning two elections and becoming prime minister in 1910, Venizelos initiated fiscal, social, and constitutional reforms , reorganised
6705-639: The Persian Empire controlled the Greek city states in Asia Minor and Macedonia. Attempts by Greek city-states of Asia Minor to overthrow Persian rule failed , and Persia invaded the states of mainland Greece in 492 BC, but was forced to withdraw after defeat at the Battle of Marathon in 490 BC. In response, the Greek city-states formed the Hellenic League in 481 BC, led by Sparta , which
6854-508: The Rhodope range, spreading across the region of Eastern Macedonia and Thrace ; this area is covered with vast, thick, ancient forests, including the famous Dadia Forest in the Evros regional unit , in the far northeast of the country. Extensive plains are primarily located in the regions of Thessaly , Central Macedonia , and Thrace . They constitute key economic regions as they are among
7003-709: The Russian -instigated Orlov Revolt in 1770. These uprisings were put down by the Ottomans with great bloodshed. Many Greeks were conscripted as Ottoman subjects to serve in the Ottoman army and especially the navy, while the Ecumenical Patriarchate of Constantinople, responsible for the Orthodox, remained in general loyal to the Empire. In the 18th century, Greek merchants came to dominate trade within
7152-428: The Russian government banned UIA from flying to Russian destinations as a response to a ban by the Ukrainian government on Russian airlines flying into Ukraine. Russia had annexed Crimea in 2014. Since June 2016, most of UIA's international flights are sold with the basic "hand luggage-only tariff." If passengers booking this tariff want to check-in luggage, the airline charges fees up to US$ 60 per flight. Also, since
7301-608: The Second Hellenic Republic declared. In 1935, a royalist general-turned-politician Georgios Kondylis took power after a coup and abolished the republic, holding a rigged referendum , after which King George II was restored to the throne. An agreement between Prime Minister Ioannis Metaxas and George II followed in 1936, which installed Metaxas as head of a dictatorship known as the 4th of August Regime , inaugurating authoritarian rule that would last until 1974. Greece remained on good terms with Britain and
7450-498: The Slavic invasion in the 7th century resulted in a collapse in imperial authority in the Greek peninsula . The imperial government retained control of only the islands and coastal areas, particularly the populated walled cities such as Athens, Corinth and Thessalonica. However, the view that Greece underwent decline, fragmentation and depopulation is considered outdated, as cities show institutional continuity and prosperity between
7599-895: The United Kingdom , each sent a navy. The allied fleet destroyed the Ottoman–Egyptian fleet at the Battle of Navarino , and the Greeks captured Central Greece by 1828. The nascent Greek state was recognised under the London Protocol in 1830. In 1827, Ioannis Kapodistrias , was chosen by the Third National Assembly at Troezen as the first governor of the First Hellenic Republic . Kapodistrias established state, economic and military institutions. Tensions appeared between him and local interests and, following his assassination in 1831 and
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#17327801548307748-460: The election . In 2020, Greece's parliament elected a non-partisan candidate, Katerina Sakellaropoulou , as the first female President of Greece . In February 2024, Greece became the first Orthodox Christian country to recognise same-sex marriage and adoption by same-sex couples. Located in Southern and Southeast Europe, Greece consists of a mountainous, peninsular mainland jutting out into
7897-521: The 19th century and municipalities ) are considered to be corporations ( 法人 , hōjin ) . Non-profit corporations may be established under the Civil Code . The term "company" ( 会社 , kaisha ) or (企業 kigyō ) is used to refer to business corporations. The predominant form is the Kabushiki gaisha (株式会社), used by public corporations as well as smaller enterprises. Mochibun kaisha (持分会社),
8046-402: The 19th century, many "crypto-Christians" returned to their old religious allegiance. The nature of Ottoman administration of Greece varied, though it was invariably arbitrary and often harsh. Some cities had governors appointed by the Sultan , while others, like Athens, were self-governed municipalities. Mountainous regions in the interior and many islands remained effectively autonomous from
8195-462: The 2022 Russia's Invasion of Ukraine, the airline ceased operations temporarily and suspended all flights to all destinations. Ukraine International Airlines has codeshare agreements with the following airlines: As of July 2024, the Ukraine International Airlines fleet consists of the following aircraft: Ukraine International Airlines previously consisted of the following aircraft: On 8 January 2020, Ukraine International Airlines Flight 752
8344-426: The 2nd and 3rd centuries, and Christianity's early leaders and writers were mostly Greek-speaking, though not from Greece itself. The New Testament was written in Greek, and some sections attest to the importance of churches in Greece in early Christianity . Nevertheless, much of Greece clung to paganism, and ancient Greek religious practices were still in vogue in the late 4th century AD, when they were outlawed by
8493-417: The 4th and 6th centuries. In the early 6th century, Greece had approximately 80 cities according to the Synekdemos chronicle, and the 4th to the 7th century is considered one of high prosperity. Until the 8th century almost all of modern Greece was under the jurisdiction of the Holy See of Rome . Byzantine Emperor Leo III moved the border of the Patriarchate of Constantinople westward and northward in
8642-432: The 4th century BC, the Greek poleis were subjugated to the rising power of the kingdom of Macedon under king Philip II into an alliance known as the Hellenic League . After Philip's assassination in 336 BC, his son and king of Macedon , Alexander , set himself leader of a Panhellenic campaign against the Persian Empire and abolished it. Undefeated in battle, he marched, until his untimely death in 323 BC, to
8791-415: The 5th century, is known as the Byzantine Empire , but called "Kingdom of the Romans" in its own time. With its capital in Constantinople , its language and culture were Greek and its religion was predominantly Eastern Orthodox Christian . The Empire's Balkan territories, including Greece, suffered from the dislocation of barbarian invasions ; raids by Goths and Huns in the 4th and 5th centuries and
8940-426: The 8th century. The Byzantine recovery of lost provinces during the Arab–Byzantine wars began in the 8th century and most of the Greek peninsula came under imperial control again. This process was facilitated by a large influx of Greeks from Sicily and Asia Minor to the Greek peninsula, while many Slavs were captured and re-settled in Asia Minor. During the 11th and 12th centuries the return of stability resulted in
9089-489: The Bulgarians 40,000, and the Italians 9,000. Following liberation, Greece annexed the Dodecanese Islands from Italy and regained Western Thrace from Bulgaria. The country descended into a civil war between communist forces and the anti-communist Greek government, which lasted until 1949, with the latter's victory. The conflict, one of the earliest struggles of the Cold War , resulted in further economic devastation, population displacement and political polarisation for
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#17327801548309238-537: The Dark Ages is traditionally dated to 776 BC, the year of the first Olympic Games . The Iliad and the Odyssey , the foundational texts of Western literature , are believed to have been composed by Homer in the 7th or 8th centuries BC. Poetry shaped beliefs to the Olympian gods , but ancient Greek religion had no priestly class or systematic dogmas and encompassed other currents, such as popular cults, like that of Dionysus , mysteries and magic . At this time there emerged kingdoms and city-states across
9387-425: The Great Powers, however, Greece lost little territory, while Crete was established as an autonomous state under Prince George of Greece . With state coffers empty, fiscal policy came under International Financial Control . The government, aiming to quell Komitadjis and detach the Slavophone peasants of the region from Bulgarian influence, sponsored a guerrilla campaign in Ottoman-ruled Macedonia , known as
9536-428: The Greek peninsula benefiting from economic growth. The Greek Orthodox Church was instrumental in the spread of Greek ideas to the wider Orthodox world . Following the Fourth Crusade and fall of Constantinople to the " Latins " in 1204, mainland Greece was split between the Greek Despotate of Epirus and French rule (the Frankokratia ). The re-establishment of the imperial capital in Constantinople in 1261
9685-429: The Greek peninsula, which spread to the shores of the Black Sea , Magna Graecia in southern Italy , and Asia Minor . These reached great prosperity that resulted in an unprecedented cultural boom, that of classical Greece , expressed in architecture , drama , science , mathematics and philosophy . In 508 BC, Cleisthenes instituted the world's first democratic system of government in Athens . By 500 BC,
9834-443: The Ionian Islands, located to the west of the mainland in the Ionian Sea. The climate of Greece is primarily Mediterranean ( Köppen : Csa ), featuring mild to cool, wet winters and hot, dry summers. This climate occurs at most of the coastal locations, including Athens , the Cyclades , the Dodecanese , Crete , the Peloponnese , the Ionian Islands , and parts of mainland Greece . The Pindus mountain range strongly affects
9983-412: The Ionian islands and Constantinople lived in prosperity, and Greeks of Constantinople ( Phanariots ) achieved power within the Ottoman administration, much of Greece suffered the economic consequences of Ottoman conquest. Heavy taxes were enforced, and in later years the Ottoman Empire enacted a policy of creation of hereditary estates, effectively turning the rural Greek populations into serfs , while
10132-421: The Latin Graecia and Graecus , from the name of the Graeci ( Γραικοί , Graikoí ; singular Γραικός , Graikós ), one of first ancient Greek tribes to settle Magna Graecia in southern Italy . The Apidima Cave in Mani , in southern Greece, has been suggested to contain the oldest remains of early modern humans outside of Africa, dated to 200,000 years ago. However others suggest
10281-441: The Middle East, the United States, Canada, and Asia. Due to Russia's 2022 invasion , all flights have been cancelled since 24 February 2022. The airline has ceased all operations, and the fleet has been parked at Kyiv Boryspil except for one Embraer 190, UR-EMC, parked in Odessa. The airline won't operate until the war ends and the ban on civilian flights in Ukrainian airspace is lifted. Resumption of operations also depends on whether
10430-448: The Ottoman Empire, established communities throughout the Mediterranean, the Balkans, and Europe, and used their wealth to fund educational activities that brought younger generations into contact with Western ideas. In the 18th century, an increase in learning during the Modern Greek Enlightenment led to the emergence among Westernized Greek-speaking elites of the notion of a Greek nation . A secret organization formed in this milieu
10579-590: The Ottoman conquest had cut Greece off from European historical developments. The Greek Orthodox Church and the Ecumenical Patriarchate of Constantinople were considered by the Ottoman governments as the ruling authorities of the entire Orthodox Christian population of the Ottoman Empire, whether ethnically Greek or not. Although the Ottoman state did not force non-Muslims to convert to Islam , Christians faced discrimination. Discrimination, particularly when combined with harsh treatment by local Ottoman authorities, led to conversions to Islam, if only superficially. In
10728-578: The Ottomans in 1453 and by 1460, Ottoman conquest of mainland Greece was complete. While most of mainland Greece and the Aegean islands was under Ottoman control by the end of the 15th century, Cyprus and Crete remained Venetian and did not fall to the Ottomans until 1571 and 1669 respectively and Venice maintained control of the Ionian Islands until 1797, after which they fell under first French, then British control. While some Greeks in
10877-459: The Ottomans in 1877 , Greek sentiment rallied to Russia, but Greece was too poor and concerned about British intervention, to enter the war. Greeks in Crete continued to stage revolts, and in 1897, the Greek government, bowing to popular pressure, declared war on the Ottomans. In the ensuing Greco-Turkish War of 1897 , the badly trained and equipped Greek army was defeated. Through the intervention of
11026-609: The Polytechnic uprising. A democratic and republican constitution was promulgated in 1975 following a referendum which chose not to restore the monarchy. Meanwhile, Andreas Papandreou , George Papandreou's son, founded the Panhellenic Socialist Movement (PASOK) in response to Karamanlis's conservative New Democracy party, with the two political formations dominating government over the next four decades. Greece rejoined NATO in 1980. Greece became
11175-621: The Roman emperor Theodosius I in 391–392. The last recorded Olympic games were held in 393, and many temples were destroyed or damaged in the century that followed. The closure of the Neoplatonic Academy of Athens by Emperor Justinian in 529 is considered the end of antiquity, although there is evidence that the academy continued. The Roman Empire in the east, following the fall of the Western Roman Empire in
11324-660: The State Aviation Fund. In March 2018, Ukraine International announced a fleet modernization plan. While the first of three pre-owned Boeing 777-200ERs had already been delivered, the airline expected several new Boeing 737 and Embraer 195 aircraft during the year to replace its last Boeing 737 Classics . Ukraine International ceased its membership of the Flying Blue rewards program on January 1, 2019. UIA expected losses of approximately US$ 50 million for 2019 and implemented cost-saving measures, according to
11473-480: The Turks and Egyptians ravaged the islands, committing massacres . This galvanized opinion in western Europe in favour of the Greeks. The Ottoman Sultan Mahmud II negotiated with Mehmet Ali of Egypt , who agreed to send his son Ibrahim Pasha with an army, in return for territorial gain. By the end of 1825, most of the Peloponnese was under Egyptian control. Three great powers , France , Russian Empire , and
11622-565: The US). The institution most often referenced by the word "corporation" is publicly traded , which means that the company's shares are traded on a public stock exchange (for example, the New York Stock Exchange or Nasdaq in the United States) whose shares of stock of corporations are bought and sold by and to the general public. Most of the largest businesses in the world are publicly traded corporations. However,
11771-482: The adoption of the euro, Greece could no longer devalue its currency to regain competitiveness. In the 2012 elections, there was major political change, with new parties emerging from the collapse of the two main parties, PASOK and New Democracy. In 2015, Alexis Tsipras was elected as prime minister, the first outside the two main parties. The Greek government-debt crisis , and subsequent austerity policies, resulted in social strife. The crisis ended around 2018, with
11920-641: The airline was owned by Ukraine-based Capital Investment Project LLC (74%) and Cyprus -based Ontobet Promotions Limited (26%). Capital Investment Process, in turn, is owned by Ontobet. The owners are represented by Aron Mayberg, a business partner of Igor Kolomoyskyi and the former CEO of the bankrupt AeroSvit Airlines, from which partially licences and planes were transferred to Ukraine International Airlines. Yuri Miroshnikov stepped down as president of Ukraine International Airlines (UIA) on 12 September 2019 after 15 years of managing Ukraine's national carrier and working for UIA since 1993. Yevhenii Dykhne will take on
12069-812: The banks of the Indus . Alexander's empire fragmented, inaugurating the Hellenistic period . After fierce conflict amongst themselves, the generals that succeeded Alexander and their successors founded large personal kingdoms in the areas he had conquered, such as that of the Ptolemies in Egypt and of the Seleucids in Syria , Mesopotamia and Iran . The newly founded poleis of these kingdoms, such as Alexandria and Antioch , were settled by Greeks as members of
12218-723: The birthplace of Western civilisation. The earliest of them was the Cycladic culture which flourished on the islands of the Aegean Sea , starting around 3200 BC, and produced an abundance of folded-arm and other marble figurines . From c. 3100 BC to 1100 BC, Crete , a major cultural and economic centre, was home to the Minoan civilization known for its colourful art , religious figurines , and monumental palaces . The Minoans wrote their undeciphered language using scripts known as Linear A and Cretan hieroglyphs . On
12367-592: The case of Hallett v Dowdall , the Court of the Exchequer held that such clauses bound people who have notice of them. Four years later, the Joint Stock Companies Act 1856 provided for limited liability for all joint-stock companies provided, among other things, that they included the word "limited" in their company name. The landmark case of Salomon v A Salomon & Co Ltd established that
12516-526: The central Ottoman state for centuries. The 16th and 17th centuries are regarded as a "dark age" in Greek history, with the prospect of overthrowing Ottoman rule appearing remote. However, prior to the Greek Revolution of 1821, there had been wars which saw Greeks fight against the Ottomans, such as the Greek participation in the Battle of Lepanto in 1571, the Morean War of 1684–1699, and
12665-474: The climate of the country, as areas to the west of the range are considerably wetter on average (due to greater exposure to south-westerly systems bringing in moisture) than the areas lying to the east of the range (due to a rain shadow effect), resulting to some coastal areas in the south falling to the hot semi-arid climate ( Köppen : BSh ) category, such as parts of the Athens Riviera and some of
12814-557: The company debts that extend beyond the company's ability to pay up to the amount of them. The earliest records of joint-stock companies appear in China during the Tang and Song dynasties . The Tang dynasty saw the development of the heben , the earliest form of joint stock company with an active partner and one or two passive investors. By the Song dynasty this had expanded into the douniu ,
12963-480: The company if a vacancy occurs, but that is uncommon. A joint-stock company also differs from other company forms, as it lacks internal ownership (hence its shareholders). This means that although the shareholder(s) in the joint-stock company may also work for the company as employees or by contract, when they act as shareholders they are always exterior to the company, which may help keep ownership business-oriented and impersonal. Provided sales and assets exist within
13112-520: The company profits. Closely held companies often have a better relationship with workers. In larger, publicly traded companies, often after only one bad year, the first area to feel the effects is the workforce with layoffs or worker hours, wages or benefits being cut. Again, in a closely held business the shareholders can incur the profit damage rather than passing it to the workers. The affairs of publicly traded and closely held corporations are similar in many respects. The main difference in most countries
13261-494: The company's name, equivalent to the British public limited company. The "Ltda." is mainly governed by the new Civil Code, enacted in 2002, and the "SA", by Law 6.404, dated December 15, 1976, as amended. In Bosnia and Herzegovina , a joint-stock company is called: The specified form of organization means that the company ( private or state-owned ) is organized on the Bosnian market (Federation of BiH and RS entity level) as
13410-469: The company, a joint-stock company is effectively a forum for three- party trading: Owners, i.e. shareholders, are seeking financial funds (profits) and offer economic assets, in the form of capital. Employees, contractors and other contracted parties seek compensation and offer labor for this. Utilisers, ie customers, clients and other stakeholders, seek products and services, and offer financial funds for this. The shareholders are usually not liable for any of
13559-408: The company. Often, that blow is enough to make a small public company fail. Often, communities benefit from a closely held company more so than from a public company. A closely held company is far more likely to stay in a single place that has treated it well even if that means going through hard times. Shareholders can incur some of the damage the company may receive from a bad year or slow period in
13708-513: The corporation are able to assess the creditworthiness of the corporation and cannot enforce claims against shareholders. Shareholders, therefore, experience some loss of privacy in return for limited liability. That requirement generally applies in Europe, but not in common law jurisdictions, except for publicly traded corporations (for which financial disclosure is required for investor protection). In many countries, corporate profits are taxed at
13857-705: The country one of the most mountainous in Europe. Mount Olympus , the mythical abode of the Greek Gods , culminates at Mytikas peak 2,918 metres (9,573 ft), the highest in the country. Western Greece contains a number of lakes and wetlands and is dominated by the Pindus mountain range. The Pindus, a continuation of the Dinaric Alps , reaches a maximum elevation of 2,637 m (8,652 ft) at Mt. Smolikas (the second-highest in Greece) and historically has been
14006-563: The dealings it describes are perhaps more complex than those practiced a century earlier, it essentially deals with a kind of investment and division of profits that for sure would have been made in the twelfth if not also the eleventh century: a four-party partnership that collectively made an investment (of 424,000 strings of cash) in a Chinese trading venture to southeast Asia. Each party's original investment consisted of precious metals like silver and gold and commodities like salt, paper, and monk certificates (and their accruing tax exemption). Yet
14155-549: The dowry was abolished, while education and foreign policy doctrines changed. However, Papandreou's tenure has been associated with corruption, high inflation, stagnation and budget deficits that later caused problems. The country adopted the euro in 2001 and successfully hosted the 2004 Summer Olympic Games in Athens. In 2010, Greece suffered from the Great Recession and related European sovereign debt crisis . Due to
14304-612: The eighth century BC, the Greeks were organised into various independent city-states known as poleis (singular polis ) that spanned the Mediterranean and Black seas. Philip II of Macedon united most of present-day Greece in the fourth century BC, with his son Alexander the Great rapidly conquering much of the known ancient world from the eastern Mediterranean to northwestern India. The subsequent Hellenistic period saw
14453-513: The end of the bailout mechanisms and return of growth. Simultaneously, Tsipras, and the leader of North Macedonia, Zoran Zaev , signed the Prespa Agreement , solving the naming dispute that had strained the relations and eased the latter's way to become a member of the EU and NATO. In 2019, Kyriakos Mitsotakis became Greece's new prime minister, after his centre-right New Democracy won
14602-524: The establishment of economic relations with the East, a stratum of wealthy euergetai dominated their internal life. From about 200 BC the Roman Republic became increasingly involved in Greek affairs and engaged in a series of wars with Macedon . Macedon's defeat at the Battle of Pydna in 168 BC signalled the end of Antigonid power. In 146 BC, Macedonia was annexed as a province by Rome, and
14751-413: The existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies . Some jurisdictions still provide
14900-463: The face of growing competition from budget airlines. In 2017, the company recorded a ₴304 million loss. Ukraine International Airlines posted a net loss of almost ₴2.7 billion (about $ 100 million) in 2018, or about nine times more than it lost in 2017, Ukrainian media reported on 25 March, citing a UIA investor report. As of 2019, Ukraine International Airlines (UIA) was to slow down its expansion plans to stabilise its financial performance and climb out of
15049-399: The few arable places in the country. Greece features a vast number of islands —between 1,200 and 6,000, depending on the definition, 227 of which are inhabited. Crete is the largest and most populous island; Euboea , separated from the mainland by the 60 m-wide Euripus Strait , is the second largest, followed by Lesbos and Rhodes . The Greek islands are traditionally grouped into
15198-458: The firm cannot be taken by personal creditors of its shareholders. The second feature requires special legislation and a special legal framework, as it cannot be reproduced via standard contract law. The regulations most favorable to incorporation include: In many jurisdictions, corporations whose shareholders benefit from limited liability are required to publish annual financial statements and other data so that creditors who do business with
15347-586: The first "joint ventures with foreign capital" in Ukraine and the first airline in the former Soviet Union to use then-new Boeing 737-400 . The founding shareholders were the Ukrainian Association of Civil Aviation and GPA. The airline began cargo operations with a Boeing 737-200 on 13 November 1994 to London and Amsterdam . In 1996, Austrian Airlines and Swissair became shareholders, investing US$ 9 million in new equity. In 2000,
15496-1002: The first half of 2013, the airline's patronage rose by 60% to 2,200,000 passengers. According to the company's president, Yuri Miroshnikov, UIA planned to achieve the same 2013 yearly results (i.e. to reach annual patronage of 4,400,000 ). Also in 2013, due to the demise of competitor Aerosvit , UIA launched new flights from Ukraine to Baku , Azerbaijan ; Yerevan , Armenia ; Larnaca , Cyprus ; Munich , Germany ; Warsaw , Poland ; Vilnius , Lithuania ; Prague , Czech Republic ; Athens , Greece ; Batumi , Georgia ; Moscow ( Sheremetyevo Airport ), Yekaterinburg , Saint Petersburg , Kaliningrad , Nizhnevartovsk , Novosibirsk , Rostov-on-Don , and Sochi in Russia ; and Bishkek , Kyrgyzstan . On 25 April 2014, UIA began non-stop flights from Kyiv to John F. Kennedy International Airport in New York City , United States . In October 2015,
15645-572: The fleet of aircraft—or a sufficient share of it—remains intact throughout the war. It was established as an alternative to Ukraine Airlines, a remnant of the Soviet Era in which each country had an operating airline under financial and commercial control of Aeroflot's main office in Moscow until the Soviet Union broke up and the airliners on the ground at each airport became the property of
15794-821: The following clusters: the Argo-Saronic Islands in the Saronic gulf near Athens; the Cyclades, a large but dense collection occupying the central part of the Aegean Sea; the North Aegean islands , a loose grouping off the west coast of Turkey; the Dodecanese, another loose collection in the southeast between Crete and Turkey; the Sporades , a small tight group off the coast of northeast Euboea; and
15943-530: The height of Greek culture and influence in antiquity. Greece was annexed by Rome in the second century BC, becoming an integral part of the Roman Empire and its continuation, the Byzantine Empire , which was predominately Greek in culture and language . The Greek Orthodox Church , which emerged in the first century AD, helped shape modern Greek identity and transmitted Greek traditions to
16092-506: The introduction of general corporation law. The oldest corporation in Canada is the Hudson's Bay Company ; though its business has always been based in Canada, its Royal Charter was issued in England by King Charles II in 1670, and became a Canadian charter by amendment in 1970 when it moved its corporate headquarters from London to Canada. Federally recognized corporations are regulated by
16241-430: The leadership role at UIA from 18 September 2019. As of 22 June 2016, the ownership structure is registered as the following: 74.1627% Capital Investment Project, Ukraine and 15.9108% Ontobet Promotions Ltd, Cyprus . 2016 was the second year in a row that the company made a loss, despite seeing growth in passengers. According to a February statement by company head Yuri Miroshnikov, UIA was struggling to stay profitable in
16390-624: The mainland, the Mycenaean civilization developed around 1750 BC and lasted until c. 1100 BC. The Mycenaeans possessed advanced military and built large fortifications . They worshiped many gods and used Linear B to write the earliest attested form of Greek known as Mycenaean Greek . The collapse of the Mycenean civilization ushered in the Greek Dark Ages , from which written records are absent. The end of
16539-481: The majority of corporations are privately held , or closely held, so there is no ready market for the trading of shares. Many such corporations are owned and managed by a small group of businesspeople or companies, but the size of such a corporation can be as vast as the largest public corporations. Closely held corporations have some advantages over publicly traded corporations. A small, closely held company can often make company-changing decisions much more rapidly than
16688-521: The military, made Greece a member of the Balkan League , and led it through the Balkan Wars . By 1913, Greece's territory and population had doubled, annexing Crete, Epirus , and Macedonia . The struggle between King Constantine I and charismatic Venizelos over foreign policy on the eve of First World War dominated politics and divided the country into two opposing groups . During parts of
16837-517: The new CEO . In September 2021, UIA announced plans to add two Boeing 777-300s to their fleet, primarily for charter operations. When the Russian invasion of Ukraine began in February 2022, the Ukrainian government closed Ukraine's air space for commercial airline operations, severely affecting Ukraine International's operations. The airline suspended their flights from 24 February of that year, hoping to restart them by 23 March, before extending
16986-476: The new airline appointed Dublin-based International Aviation consultancy Avia International to lead the establishment and launch of the airline. Working closely with selected ex-staff of Ukraine Airlines, the joint team succeeded in launching flights to multiple destinations on schedule, beginning with a Kyiv- London flight on 25 November 1992. Other routes inaugurated in this period connected Kyiv with Berlin, Paris, Frankfurt, Vienna, and Amsterdam. It became one of
17135-468: The new junta strongman. On 20 July 1974, Turkey invaded the island of Cyprus in response to a Greek-backed Cypriot coup, triggering a crisis in Greece that led to the regime's collapse and restoration of democracy through Metapolitefsi . The former prime minister Konstantinos Karamanlis was invited back from self-exile and the first multiparty elections since 1964 were held on the first anniversary of
17284-572: The next thirty years. Although post-war was characterised by social strife and marginalisation of the left, Greece experienced rapid economic growth and recovery, propelled in part by the U.S. Marshall Plan . In 1952, Greece joined NATO , reinforcing its membership in the Western Bloc of the Cold War. King Constantine II 's dismissal of George Papandreou 's centrist government in 1965 prompted political turbulence, which culminated in
17433-614: The northern-hemisphere summer of 2016, UIA wet-leased an ERJ 145 from Dniproavia (also part of the Privat Group ) for daily services to Chernivtsi (because the condition of the airport there doesn't allow E-190 and B737-operations). On 14 June 2016, the National Anti-Corruption Bureau of Ukraine had the offices of UIA searched because of an investigation by the Bureau into passenger fees not paid to
17582-644: The northwest, North Macedonia and Bulgaria to the north, and Turkey to the east. The Aegean Sea lies to the east of the mainland , the Ionian Sea to the west, and the Sea of Crete and the Mediterranean Sea to the south. Greece has the longest coastline on the Mediterranean Basin , featuring thousands of islands . The country comprises nine traditional geographic regions , and has
17731-465: The person of somebody who is really the directing mind and will of the corporation, the very ego and centre of the personality of the corporation. This 'directing will' is embodied in a corporate Board of Directors. The legal personality has two economic implications. It grants creditors (as opposed to shareholders or employees) priority over the corporate assets upon liquidation. Second, corporate assets cannot be withdrawn by its shareholders, and assets of
17880-436: The possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited companies . A joint-stock company is an artificial person; it has legal existence separate from persons composing it. It can sue and can be sued in its own name. It is created by law, established for commercial purposes, and comprises
18029-426: The profits represented by the dividend have already been taxed. The company profit being passed on is thus effectively taxed only at the rate of tax paid by the eventual recipient of the dividend. In other systems, dividends are taxed at a lower rate than other income (for example, in the US), or shareholders are taxed directly on the corporation's profits, while dividends are not taxed (for example, S corporations in
18178-417: The public limited company is called akciová společnost ( a.s. ) and its private counterpart is called společnost s ručením omezeným ( s.r.o. ). Their Slovak equivalents are called akciová spoločnosť ( a.s. ) and spoločnosť s ručením obmedzeným ( s.r.o. ). Germany , Austria , Switzerland and Liechtenstein recognize two forms of company limited by shares:
18327-520: The red. The head of the state air traffic regulator of Ukraine stated at 8 November 2019 that UIA owes them ₴1 billion of unpaid fees and penalties. Before suspending operations, UIA connected Ukraine to over 80 destinations in Europe , Asia and the Middle East , as well as to New York City and Toronto from its base at Boryspil Airport , and also operated domestic flights. UIA served over 1000 flights per week. Ukraine International Airlines (UIA)
18476-585: The remains represent archaic humans . All three stages of the Stone Age are represented in Greece, for example in the Franchthi Cave . Neolithic settlements in Greece, dating from the 7th millennium BC, are the oldest in Europe, as Greece lies on the route by which farming spread from the Near East to Europe. Greece is home to the first advanced civilizations in Europe and is often considered
18625-525: The rest of Greece became a Roman protectorate. The process was completed in 27 BC, when emperor Augustus annexed the rest of Greece and constituted it as the senatorial province of Achaea . Despite their military superiority, the Romans admired and became heavily influenced by Greek culture. Greek-speaking communities of the Hellenised East were instrumental in the spread of Christianity in
18774-568: The sea at the southern end of the Balkans , ending at the Peloponnese peninsula (separated from the mainland by the canal of the Isthmus of Corinth ) and strategically located at the crossroads of Europe, Asia, and Africa. Its highly indented coastline and numerous islands give Greece the 11th longest national coastline in the world, with 13,676 km (8,498 mi); its land boundary
18923-400: The state in which they were grounded. In early 1992, the then Minister for Aviation in Ukraine reached an agreement on the lease of 2 B737-400s from Guinness Peat Aviation (GPA), an Irish aircraft-leasing company, and the establishment of a new airline to operate at "internationally acceptable standards of Safety, Reliability, and Service between Ukraine and Europe." In September 1992 GPA and
19072-455: The suspension until the end of May 2022. Castellón–Costa Azahar Airport in Spain became a storage facility for their fleet of six Boeing 737 aircraft. Further suspension extensions were periodically announced, with the current extension announced on 10 April 2023. As of July 20, 2023, the suspension notice states that flights to and from Ukraine will be suspended "until martial law in Ukraine
19221-486: The tenth member of the European Communities in 1981, ushering in sustained growth. Investments in industrial enterprises and heavy infrastructure, as well as funds from the European Union and growing revenue from tourism, shipping, and a fast-growing service sector raised the standard of living . In 1981, the election of Andreas Papandreou resulted in reforms over the 1980s. He recognised civil marriage,
19370-428: The value of their individual investments varied considerably, as much as eightfold. Likewise, each party's share of the profits varied greatly, evidently in proportion to its overall share in the total investment. While social and family ties may have shaped the circle of potential coinvestors, they affected little, if at all, an investor's eventual share of the profits, or losses. Finding the earliest joint-stock company
19519-703: The war, Greece had two governments: A royalist pro-German one in Athens and a Venizelist pro- Entente one in Thessaloniki . They united in 1917, when Greece entered the war on the side of the Entente. After the war, Greece attempted expansion into Asia Minor , a region with a large native Greek population, but was defeated in the Greco-Turkish War (1919–1922) , contributing to a flight of Asia Minor Greeks . These events overlapped, happening during
19668-417: The war. The following era was marked by instability, as over 1.5 million propertyless Greek refugees from Turkey (some of whom could not speak Greek) had to be integrated into Greek society. The refugees made a dramatic population boost, as they were more than a quarter of Greece's prior population. Following the catastrophic events in Asia Minor, the monarchy was abolished via a referendum in 1924 and
19817-538: The wider Orthodox world . After the Fourth Crusade in 1204, Latin possessions were established in parts of the Greek peninsula, but most of the area fell under Ottoman rule by the mid-15th century. Following a protracted war of independence , which started in 1821, Greece emerged as a modern nation state in 1830. Over the first hundred years, the Kingdom of Greece sought territorial expansion , which
19966-713: The winter of 1941–42, tens of thousands more died because of reprisals by Nazis and collaborators , the economy was ruined, and most Greek Jews (tens of thousands) were deported and murdered in Nazi concentration camps. The Greek Resistance , one of the most effective resistance movements, fought against the Nazis. The German occupiers committed atrocities, mass executions, and wholesale slaughter of civilians and destruction of towns and villages in reprisals. Hundreds of villages were systematically torched and almost 1 million Greeks left homeless. The Germans executed around 21,000 Greeks,
20115-577: The winter. Most of the inland parts of northern Greece, in Central Macedonia , the lower elevations of Western Macedonia and Eastern Macedonia and Thrace feature a humid subtropical climate ( Köppen : Cfa ) with cold, damp winters and hot, moderately dry summers with occasional thunderstorms. Snowfalls occur every year in the mountains and northern areas, and brief periods of snowy weather are possible even in low-lying southern areas, such as Athens . Phytogeographically , Greece belongs to
20264-405: Was restored in 1974–75, leading to the current parliamentary republic . It was a belligerent on the side of the Greek Cypriots in the Turkish invasion of Cyprus in 1974. Having achieved record economic growth from 1950 through the 1970s , Greece is a developed country with an advanced high-income economy . A founding member of the United Nations , Greece was the tenth member to join what
20413-418: Was accompanied by the empire's recovery of much of the Greek peninsula, while the islands remained under Genoese and Venetian control. During the Paleologi dynasty (1261–1453) a new era of Greek patriotism emerged accompanied by a turning back to ancient Greece. In the 14th century much of the Greek peninsula was lost by the Byzantine Empire to the Serbs and then the Ottomans . Constantinople fell to
20562-517: Was forced to make some involuntary changes to its summer 2019 flight schedules, with reduced frequencies and capacity on some selected routes. Although not officially a budget airline , many of UIA's worldwide flights are popular with travellers because of its low fares, they use Boryspil International Airport as a transport hub . Due to ongoing losses, the airline suspended flights to Amman, Riga, Beijing and Minsk in November 2019. From 2020, flights to Bangkok and Krakow were also suspended. Following
20711-442: Was granted in 1555. The most notable joint-stock company from the British Isles was the East India Company , which was granted a royal charter by Queen Elizabeth I on December 31, 1600 with the intention of establishing trade on the Indian subcontinent . The charter effectively granted the newly formed Honourable East India Company a fifteen-year monopoly on all English trade in the East Indies . Soon afterwards, in 1602,
20860-475: Was introduced, curbing the power of the monarchy to appoint minority governments . Corruption, coupled with increased spending to fund infrastructure like the Corinth Canal , overtaxed the weak economy and forced the declaration of public insolvency in 1893. Greeks were united, however, in their determination to liberate the Hellenic lands under Ottoman rule; the Cretan Revolt (1866–1869) had raised nationalist fervour. When war broke out between Russia and
21009-473: Was mainly realized in the early 20th century during the Balkan Wars and up until the catastrophic defeat of its Asia Minor Campaign in 1922. The short-lived republic that was established in 1924 was beset by the ramifications of civil strife and the challenge of resettling refugees from Turkey . In 1936 a royalist dictatorship inaugurated a long period of authoritarian rule, marked by military occupation , civil war and military dictatorship . Democracy
21158-423: Was moved from Nafplio , where it had been since 1829, to Athens , then a smaller town. The Church of Greece was established as Greece's national church and 25 March, the day of Annunciation , was chosen as the anniversary of the Greek War of Independence to reinforce the link between Greek identity and Orthodoxy . Otto was deposed in 1862 because of the Bavarian-dominated government, heavy taxation, and
21307-541: Was not allied with the Axis . In October 1940, Fascist Italy demanded the surrender of Greece, but it refused , and, in the Greco-Italian War , Greece repelled Italian forces into Albania. French general Charles de Gaulle praised the fierceness of the Greek resistance, but the country fell to urgently dispatched German forces during the Battle of Greece . The Nazis proceeded to administer Athens and Thessaloniki, while other regions were given to Fascist Italy and Bulgaria. Over 100,000 civilians died of starvation during
21456-488: Was possible by royal charter or private act , and it was limited because of the government's jealous protection of the privileges and advantages thereby granted. As a result of the rapid expansion of capital-intensive enterprises in the course of the Industrial Revolution in Europe and the United States, many businesses came to be operated as unincorporated associations or extended partnerships , with large numbers of members. Nevertheless, membership of such associations
21605-541: Was shot down by the Islamic Revolutionary Guard Corps (IRGC) of Iran shortly after takeoff from Tehran Imam Khomeini International Airport. The IRGC attributed it to human error. The aircraft involved, UR-PSR, was a three-year-old Boeing 737-800 . All 167 passengers and 9 crew members on board died. The crash was the first and only fatal accident of Ukraine International Airlines. [REDACTED] Media related to Ukraine International Airlines at Wikimedia Commons Joint Stock Company In modern-day corporate law ,
21754-507: Was the Filiki Eteria , in 1814. They engaged traditional strata of the Greek Orthodox world in their liberal nationalist cause. The first revolt began on 6 March 1821 in the Danubian Principalities , but was put down by the Ottomans. This spurred the Greeks of the Peloponnese and on 17 March the Maniots declared war on the Ottomans. By October 1821 the Greeks had captured Tripolitsa . There were revolts in Crete, Macedonia and Central Greece , which were suppressed. In 1822 and 1824
21903-421: Was the first recorded union of Greek states since the mythical union of the Trojan War . The second Persian invasion of Greece was decisively defeated in 480–479 BC, at Salamis and Plataea , marking the eventual withdrawal of the Persians from all their European territories. The Greek victories in the Greco-Persian Wars are a pivotal moment in history, as the 50 years of peace afterwards are known as
22052-430: Was the ninth most-visited country in the world in 2023. The native name of the country in Modern Greek is Ελλάδα ( Elláda , pronounced [eˈlaða] ). The corresponding form in Ancient Greek and conservative formal Modern Greek ( Katharevousa ) is Ἑλλάς ( Hellas , classical: [hel.lás] , modern: [eˈlas] ). This is the source of the English alternative name Hellas , which
22201-399: Was usually for a short term so their nature was constantly changing. Consequently, registration and incorporation of companies, without specific legislation, was introduced by the Joint Stock Companies Act 1844 . Initially, companies incorporated under this Act did not have limited liability, but it became common for companies to include a limited liability clause in their internal rules. In
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