Macedonia (Greece)
Macedonia (; , "Makedonía" ) is a geographic and former administrative region of Greece, in the southern Balkans. Macedonia is the largest and Greek region, with a population of 2.38 million in 2017. The region is highly mountainous, with most major urban centres such as Thessaloniki and Kavala being concentrated on its southern coastline. Together with Thrace, and sometimes also Thessaly and Epirus, it is part of Northern Greece. It also contains Mount Athos, an autonomous monastic region of Greece.
Republic of Macedonia
Macedonia (along with Montenegro, Bosnia and Herzegovina and Kosovo) belongs to the less-developed southern region of the former Yugoslavia. It suffered severe economic difficulties after independence, when the Yugoslav internal market collapsed and subsidies from Belgrade ended. In addition, it faced many of the same problems faced by other former socialist East European countries during the transition to a market economy. Its main land and rail exports route, through Serbia, remains unreliable with high transit costs, thereby affecting the export of its formerly highly profitable, early vegetables market to Germany. Macedonia's IT market increased 63.8% year on year in 2007, which is the fastest growing in the Adriatic region.