“…The first effort was performed by Galanopoulos and Delibasis (1972), who studied the maximum expected macroseismic intensity distribution in order to estimate the seismic hazard in Greece, while Shebalin et al (1976) published a similar study for the Balkan peninsula. Several other studies were performed for the broader Aegean area (Algermissen et al, 1976;Makropoulos and Burton, 1985;Drakopoulos and Stavrakakis, 1988;Papoulia and Stavrakakis, 1990;Koutrakis et al, 2002;Tsapanos et al, 2003;Vamvakaris et al, 2008;Tselentis and Danciu, 2010;Vamvakaris, 2010, among others). Papaioannou (1984), studied IMM and PGA using the mean value method (Wiechert and Milne, 1979) and the asymptotic distribution of extreme values (Gumbel, 1958).…”