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Funeral statuary evolved during this period from the rigid and impersonal kouros of the Archaic period to the highly personal family groups of the Classical period. These monuments are commonly found in the suburbs of Athens, which in ancient times were cemeteries on the outskirts of the city. Although some of them depict "ideal" types — the mourning mother, the dutiful son — they increasingly depicted real people, typically showing the departed talking his dignified leave from his family. They are among the most intimate and affecting remains of the Ancient Greeks.

Major challenges remaining include the reduction of unemployment and further restructuring of the economy, including privatising several state enterprises, undertaking social security reforms, overhauling the tax system, and minimising bureaucratic inefficiencies. Forecasts predicted economic growth of 4 - 4.5 % in 2004. Reducing the government deficit also remains a major challenge, as it is currently running at nearly twice the Eurozone target (of 3% of GDP). The new conservative government revealed to Eurostat that the previous figures supplied, on which was the basis of Greek entry into the Eurozone, were incorrect.

Greece is traditionally a seafaring nation and has built an impressive shipping industry based on its geographic location and the entrepreneurial ability of its ship owners. The Greek-owned fleet (all flags), one of the three largest worldwide, totalled 3,358 ships (134 million DWT) in 1998.

Finally every Greek town had a theatre. These were used for both public meetings as well as dramatic performances. These performances originated as religious ceremonies; they went on to assume their Classical status as the highest form of Greek culture by the 6th century BC (see Greek theatre). The theatre was usually set in a hillside outside the town, and had rows of tiered seating set in a semi-circle around the central performance area, the orchestra. Behind the orchestra was a low building called the skene, which served as a store-room, a dressing-room, and also as a backdrop to the action taking place in the orchestra. A number of Greek theatres survive almost intact, the best known being at Epidaurus.

Greece, as a member of the European Union, strived to reduce its budget deficit and inflation rate in order to meet the prerequisites for the Economic and Monetary Union. Although growth remained above the convergence program guidelines, high budget deficits and deficient infrastructure continued to dampen the economy's long-term potential growth rate.

The variety in Greek religion is also caused by the long history of Greece. Greek religion spans a period from Minoan and Mycenean periods to the days of Hellenistic Greece and its ultimate conquest by the Roman Empire. Religious ideas continued to develop over this time; by the time of the earliest major monument of Greek literature, the Iliad attributed to Homer, a consensus had already developed about who the major Olympian gods were. Still, changes to the canon remained possible; the Iliad seems to have been unaware of Dionysus, a god whose worship apparently spread after it was written, and who became important enough to be named one of the twelve chief Olympian gods.

Greek folk music is found all throughout Greece, as well as among communities in countries like the United States, Canada and Australia. The island of Cyprus and several regions of Turkey are or have recently been home to long-standing communities of ethnic Greeks with their own unique styles of music

Aristotle, by contrast, placed much more value on knowledge gained from the senses, and would correspondingly better earn the modern label of empiricist. Thus Aristotle set the stage for what would eventually develop into the scientific method centuries later. The works of Aristotle that still exist today appear in treatise form, mostly unpublished by their author. The most important include Physics, Metaphysics, (Nicomachean) Ethics, Politics, De Anima (On the Soul), Poetics, and many others. See the article on Aristotle for more discussion.

In this period statuary was put to wider uses. The great public buildings of the Classical era, such as the Parthenon in Athens, created the need for decorative statuary, particularly to fill the triangular fields of the pediments: a difficult aesthetic and technical challenge that did much to stimulate sculptural innovation. Unfortunately such sculptures survive only in fragments, the most famous of which are the Parthenon Marbles, now mostly in the British Museum.

Ancient Greece was also renowned for its pottery, which included everything from drinking vessels to urns. Black-figure pottery, in which the decorations appear as black silhouettes over a red background, are highly representative of early Greek craftsmanship. Later forms include red-figure pottery and white-figure pottery.

In 1988, a new law provided the legal framework for the establishment of private radio stations and, in 1989, private TV stations. According to the law, supervision of radio and television is exercised by the National Radio and Television Council. In practice, however, official licensing has been delayed for many years. Because of this, there has been a proliferation of private radio and TV stations, as well as European satellite channels, including Euronews. More than 1,000 radio stations were operating before March 2002, when the government implemented plans to reallocate TV frequencies and issue licenses as authorized by the 1993 Media Law, effectively reducing this number.

Greece continued to rely on foreign borrowing to finance its deficits. Public sector external debt was $32 billion at the end of 1998. The general government debt was $119 billion at the end of 1998, or 105.5% of GDP. Greece's external debt was $32 billion at the end of 1998.

Other common architectural forms used by the Greeks were the tholos, a circular structure of which the best example is at Delphi and which served religious purposes; the propylon or porch, which flanked the entrances to temple grounds and sanctuaries (the best known example is on the Acropolis of Athens); and the stoa, a long narrow hall with an open colonnade on one side, which was use to house rows of shops in the agoras (commercial centres) of Greek towns. A completely restored stoa, the Stoa of Attalus, can be seen in Athens.