It dominates the Attica region and is one of the world's oldest cities, with its recorded history spanning over 3,400 years, and its earliest human presence starting somewhere between the 11th and 7th millennia BC. Classical Athens was a powerful city-state that emerged in conjunction with the seagoing development of the port of Piraeus, which had been a distinct city prior to its 5th century BC i
ncorporation with Athens. A centre for the arts, learning and philosophy, home of Plato's Academy and Aristotle's Lyceum, it is widely referred to as the cradle of Western civilization and the birthplace of democracy, largely because of its cultural and political impact on the European continent, and in particular the Romans. In modern times, Athens is a large cosmopolitan metropolis and central to economic, financial, industrial, maritime, political and cultural life in Greece. In 2015, Athens was ranked the world's 29th richest city by purchasing power and the 67th most expensive in a UBS study. Athens is recognised as a global city because of its location and its importance in shipping, finance, commerce, media, entertainment, arts, international trade, culture, education and tourism. It is one of the biggest economic centres in southeastern Europe, with a large financial sector, and its port Piraeus is both the largest passenger port in Europe and the second largest in the world.
