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Showing posts with label Italy. Show all posts
Showing posts with label Italy. Show all posts
2014-04-29
2013-08-19
Portugal +1,1% vs. Eurozone +0,3%
The Gross Domestic Product (GDP) in Portugal expanded 1,1% in the second quarter of 2013 over the previous quarter.
This value was much higher than the Eurozone average (0,3%) and impressive when compared with another countries of the Eurozone:
Germany: +0,7%
Greece: -4,6%
Netherlands: -0,2%
Ireland: -0,6%
Spain: -0,1%
France: +0,5%
Italy: -0,2%
So, although it's too soon to claim that Portugal GDP is back on track, it's great news for Portugal.
This value was much higher than the Eurozone average (0,3%) and impressive when compared with another countries of the Eurozone:
Germany: +0,7%
Greece: -4,6%
Netherlands: -0,2%
Ireland: -0,6%
Spain: -0,1%
France: +0,5%
Italy: -0,2%
So, although it's too soon to claim that Portugal GDP is back on track, it's great news for Portugal.
2013-08-18
Japan Debt reached 200% of their annual GDP
On June 30th of 2013, Japan Debt reached Yen 1.000 trillion (around USD $ 10,46 trillion).
This impressive value is now larger than the economies of Germany, France and the U.K. combined.
Analysts are apprehensive with current Japan trend and are expected new taxes from Japan government to balance Japan deficit.
To understand how serious is this 200% value (public debt as % of GDP of Japan) compare it with south of Europe countries and Ireland which are under great pressure from IMF and rating agencies:
. Greece – 158% (2012)
. Italy – 126% (2012)
. Ireland – 118% (2012)
. Portugal – 115% (2012)
. Spain – 85% (2012)
This impressive value is now larger than the economies of Germany, France and the U.K. combined.
Analysts are apprehensive with current Japan trend and are expected new taxes from Japan government to balance Japan deficit.
To understand how serious is this 200% value (public debt as % of GDP of Japan) compare it with south of Europe countries and Ireland which are under great pressure from IMF and rating agencies:
. Greece – 158% (2012)
. Italy – 126% (2012)
. Ireland – 118% (2012)
. Portugal – 115% (2012)
. Spain – 85% (2012)
2012-12-16
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