Shield commemorating 50 years of Union<\/figcaption><\/figure>\nThe consequences<\/h2>\n
Since then the historical course of Corfu and the Ionian islands is common with Greece.<\/p>\n
The newly established Greek state could not afford the existence of two centers of economic and cultural strength, so in the battle with Athens Corfu lost and after just 40 years became a Greek provincial town.<\/p>\n
This was done by removing from the islands many important infrastructures, such as the power plants of Corfu transferred to Piraeus, the closure of the Ionian University, the abolition of the Ionian Parliament along with the degradation of its building, important changes in the prosperous banking system of the Ionian islands and many more.<\/p>\n
In conclusion and after a few years it was obvious that the union was disastrous, especially for Corfu, which from a thriving former capital became one of the poorest and most neglected areas of Greece.<\/p>\n
The modern times<\/h2>\n
It was much later in the 20th century when, due to the natural beauty, the fertile soil, the rich cultural heritage, and the energy of the Corfiots, the island recovered initially with a flourishing of the local industry based on agricultural and livestock products and later with the booming of the tourism industry.<\/p>\n
Today, although in the midst of the economic crisis unfairly and maliciously imposed on Greece, Corfu is always, at least financially, a step above the rest of Greece.<\/p>\n
The island’s economy is now almost entirely based on tourism, but the island has great potential to support its economy in other areas too. Its rich soil and resources are more than enough to support any other economic activity.<\/p>\n
Corfu has always retained its unique identity, this helped the memories of the past to remain and strengthen, and they are the ones that make Corfu unique, a Greek island that does not look like the others.<\/p>\n