Word: drachmas
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Dates: during 1960-1969
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...speak, expensive propositions. In Athens, Finance Minister Constantine Mitsotakis announced that the marriage of Greece's King Constantine, 24, to Denmark's Princess Anne-Marie, 18, cost the treasury $303,000, including $183,300 spent on wedding gifts. However, an issue of 2,000,000 commemorative 30-drachma pieces will net a profit of $1,063,000, leaving the wily Greeks with $760,000 to play around with, or possibly use as a dowry for Crown Princess Irene...
...road outside Athens, because he slammed on his brakes to ask which way. The Thunderbird trailing behind was tooling along at the usual fast pace of its owner, Greece's dashing bachelor King Constantine, 24, with his sister, Princess Irene, 22, and it did not stop on a drachma. Instead, it crashed into the rear of the fire engine. The reigning monarch and Irene came out of the accident with a few bumps, but the front of the car was a wreck, and Premier George Papandreou still has the shakes, because while Constantine may not be the world...
...even terms with industrial Europe, Greek business has to make seven-league strides. Emerging from the devastating war years, Greece had runaway inflation, scant capital resources and a technically innocent labor force. Since the free-enterprising government of Premier Constantine Karamanlis took office in 1954, it has stabilized the drachma and set Greece on the course toward industrialization. The economy is still lopsidedly agrarian. More than half of the 8,400,000 Greeks scratch out a living on uneconomic fruit, tobacco and cotton farms; 8% of the non-farm labor force is jobless, and 25% of those on the land...
Having won the approval of both the Roman Catholic and Greek Orthodox churches for her prospective May marriage to Spain's Prince Juan Carlos, Greece's fetching Princess Sophie, 23, came to grips with Mammon. In an atmosphere of high drachma and low politics, the National Radical Union majority in Greece's Parliament argued-correctly-that the royal family was "not rich" and pushed through over the loud protests of a not-so-loyal opposition a bill granting the princess a dowry...
...that connects Athens and Salonica with hundreds of villages that once were far from the main drag, brought electricity to hundreds of thousands of Greeks who never had known anything but candles, got the shipyards going, and brought strength to the nation's banks. Today Greece's drachma for once commands confidence at home and abroad. Tourists who once chose Italy or France now flock to enjoy the thin sun, sail out to the Aegean islands, and scramble around the magnificent rubble of the Acropolis...