2. Greece Area: 131,940 sq. km Capital: Athens Population: 10.7m Language: Modern Greek Currency: Euro Greece is located at the tip of the Balkan Peninsula. It is bordered to the north by Albania, Macedonia ,Bulgaria and Turkey, and to the South by the Aegean sea. To the West are the Ionian Islands, the best known of which are Corfu and Ithaki. The Islands of the Aegean sea include the Cyclades, the Dodecanese, Rhodes and Crete.