Detail Debts, Downturns and Demonstration; Greece's Woes   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 400 no. 8754 (Oct. 2011), page 57-58. Topik: Economic Crisis; Economic Planning; International Relations; Politics Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.68 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel This summer the euro zone's endless sovereign-debt crisis took a more dangerous turn, as the markets turned their guns on the Spanish and Italian economies. Neither country is out of the woods--this week Moody's, a ratings agency, downgraded Italy's debt--but attention has returned to the country where it all began last year: Greece. The Greeks won some breathing-space this week, thanks to a last-minute fudge over next year's budget agreed with the European Union and IMF "troika". Yet it could prove short-lived. If property-owners fail to come up with at least EUR 1.7 billion ($2.3 billion) in extra tax revenues by the end of the year, the budget deficit will rise above the new limit of 8.5% of GDP--already worse than the target set in last year's bail-out agreement (see chart)--and derail next year's projections. Evangelos Venizelos, the finance minister, speaks admiringly of the sacrifices Greeks have made, but warns that more is to come. His officials whisper that default is looming. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

Copyright © 2006, 2007 Unika Atma Jaya, all rights reserved