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  • How to fix a rich but unequal country 25 Nov 2009 01:33 GMT
    ... such as France, Italy, Spain, Portugal and Greece and very much better off than all ... takes - as a percentage of gross domestic product (GDP) in the EU. In 2007 our tax ...

  • Chief of I.M.F. Urges Continued Stimulus Efforts 25 Nov 2009 00:10 GMT
    ... added that “the bigger risk is of growth not coming back, a jobless recovery and ... supply. In Europe, borrowers like Ireland and Greece have come under particular strain. There has ... to rise above 13 percent of gross domestic product next year - may face more severe ...

  • UPDATE 1-Greek GDP to shrink by up to 1.5 pct in 2009 24 Nov 2009 16:34 GMT
    ... ATHENS, Nov 24 (Reuters) - Greece's economy will contract by up to 1.5 ... Greece had said last month it expected GDP to contract by about 1 percent this year. ... account gap, which is expected to narrow below 10.5 percent of GDP, still one of ...

  • Greek GDP to shrink by up to 1.5 pct in 2009-cenbanker 24 Nov 2009 16:13 GMT
    ... ATHENS, Nov 24 (Reuters) - Greece's economy will contract by up to 1.5 percent this year, the country's central banker said ... the conclusion that for the entire 2009, GDP contraction will exceed 1 percent, but will probably ...

  • Government Sovereign Debt Spirals 24 Nov 2009 21:11 GMT
    ... funding problems within a few years. But Greece may be the first country to hit ... deficit will be more than 12pc of GDP this year, four times the original claim ... measured as a share of their gross domestic product, and they too borrowed heavily to combat ...

  • I.M.F. Chief Warns Against 'Premature Exit' From Stimulus Programs 24 Nov 2009 20:50 GMT
    ... added that “The bigger risk is of growth not coming back, a jobless recovery and ... supply. In Europe, borrowers like Ireland and Greece have come under particular strain, while there ... to rise above 13 percent of gross domestic product next year — may face more severe ...

  • Greek Troubles Continue to Weigh on the Euro 24 Nov 2009 22:13 GMT
    ... The pressures on Greece continue to increase and this fact is ... over the past month. Greece yields have risen above Ireland, which had been the highest ... deficit this year is near 12% of GDP. The current account deficit was around 14.5% of ...

  • Europe's public finances: Weighed down 24 Nov 2009 12:11 GMT
    ... deficits should get them below 3% of GDP by 2014 at the latest. EU ministers will consider those plans ... from domestic spending has also hurt. Export-led growth has its appeal but offers less help ... immediate problem is what to do about Greece (see ). Its new government now says ...

  • Is the Greek economy heading for the rocks? 24 Nov 2009 11:55 GMT
    ... cuts A Daily Telegraph commentator fears that Greece could be on the verge of bankruptcy ... deficit will be more than 12pc of GDP this year, four times the original claim of ... economy. "Brussels says Greece's public debt will rise from 99pc of GDP in 2008 to ...

  • Italian syndrome 24 Nov 2009 20:45 GMT
    ... a third (+30,4%), compared to an average growth of +13,4% in the general foreign population ... population: almost a third if their national GDP (36%, equal to 1.4 billion dollars in 2008). The ... In order to obtain a visa for Greece or Cyprus they used to travel to ...

  • Greece looks to drag economy from 'intensive care' 20 Nov 2009 17:19 GMT
    ... Greece's new center-left government pledged to pull the ... the deficit to 9.1 percent of gross domestic product -- amid fierce pressure from the European ... EU deficit ceiling of three percent of GDP, the target is significantly lower than the ...

  • UPDATE 2-Greece aims for 9.1 pct deficit in 2010 budget 20 Nov 2009 12:34 GMT
    ... ATHENS, Nov 20 (Reuters) - Greece will aim to cut its budget deficit ... budget deficit to 9.1 percent of gross domestic product (GDP) next year to assure EU partners and ...

  • UPDATE 3-Greece aims for 9.1 pct deficit in 2010 budget 20 Nov 2009 14:56 GMT
    ... George Georgiopoulos ATHENS, Nov 20 (Reuters) - Greece will aim to cut its budget deficit ... budget deficit to 9.1 percent of gross domestic product (GDP) next year to assure EU partners and ...

  • UPDATE 1-Greece aims for 9.1 pct deficit in 2010 budget 20 Nov 2009 11:15 GMT
    ... ATHENS, Nov 20 (Reuters) - Greece aims to shrink its fiscal gap to 9.1 percent of gross domestic product (GDP) next year, versus a previous 9.4 percent target, its final budget draft showed on ...

  • OECD economies return to growth 23 Nov 2009 16:51 GMT
    ... according to preliminary estimates released today. Gross Domestic Product (GDP) in the leading seven economies - Canada, ... Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, ...


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