Tuesday - March 16, 2010
ACR News
GDP News in
Greece avoids S&P downgrade but risks remain - ReutersReleased on 16 March 2010, 11:17 am
Greece avoids S&P downgrade but risks remain Reuters Greece unveiled earlier this month extra austerity measures to knock its deficit to 8.7 percent of GDP this year, including cuts in public sector pay and ... S&P takes Greece's rating off CreditWatch Standard & Poors backs plans to cut Greece's deficit Greece Avoids S&P Downgrade |
Scott S. Powell: European debt crisis is a warning for Americans - Washington ExaminerReleased on 16 March 2010, 2:18 pm
Scott S. Powell: European debt crisis is a warning for Americans Washington Examiner The 2009 figures now put our debt at about 90% of GDP. If we add in the $1.6 trillion debt liability of state-owned Fannie Mae and Freddie Mac, ... US states: Running with the PIIGS A Greek Tragedy Is Italy the real joker in the eurozone pack? |
Minister Defends Britain From EU Criticism - Wall Street JournalReleased on 16 March 2010, 2:16 pm
Minister Defends Britain From EU Criticism Wall Street Journal The UK currently aims to cut its budget gap to 4.7% of gross domestic product in the 2014-15 fiscal year from 12.7% of GDP in 2009-10. ... Britain rules out stronger deficit cuts We don't believe you, Darling Darling Says EU Deficit Plan Would Risk UK Recovery |
TIMELINE-Greece's economic crisis - ReutersReleased on 16 March 2010, 4:05 am
TIMELINE-Greece's economic crisis Reuters 5 to save Greece from bankruptcy by cutting the budget deficit of 12.7 percent of GDP -- more than double the previously announced figure -- while keeping ... EU's Rehn: Greece On Track For 4%/GDP Budget Cut In 2010 The weak point in Eurozone weakens its currency EU finance Ministers Back Plans For Financial Aid To Greece |
Peru GDP Grows Less Than Forecast on Fishing Decline - BusinessWeekReleased on 15 March 2010, 1:55 pm
Peru GDP Grows Less Than Forecast on Fishing Decline BusinessWeek Peru's construction industry has been the key driver of economic growth, thanks to a government stimulus package worth 2 percent of GDP, Rees said. ... |
State debt confirmed at 32.5% of GDP at end-December. - ISI - Emerging Markets (subscription)Released on 16 March 2010, 4:12 am
ISI - Emerging Markets (subscription) The finance ministry confirmed that the state debt totalled CZK 1178.2bn (EUR 44.5bn, 32.5% of full-year GDP) at end-December under IMF methodology, ... CSSD reform proposal to create budget revenue of 1.1% of GDP. |
IMF Ups Polish GDP Outlook,Sees No Case For Rate Hikes - Wall Street JournalReleased on 15 March 2010, 6:30 am
IMF Ups Polish GDP Outlook,Sees No Case For Rate Hikes Wall Street Journal It said fiscal consolidation should be gradual and aimed at bringing the deficit to below 3% of GDP by 2013-2014, rather than by 2012, as the government ... IMF raises Poland's 2010 GDP growth forecast to 2.75%. Polish inflation slows, IMF sees no need to raise rates Pole position |
Nigerian GDP Grew 6.9% in 2009 on Telecom Industry - BusinessWeekReleased on 15 March 2010, 10:47 am
Nigerian GDP Grew 6.9% in 2009 on Telecom Industry BusinessWeek March 15 (Bloomberg) -- Nigeria's economy grew 6.9 percent last year, led by expansion in the West African nation's telecommunications ... Nigeria's GDP up 6.9% on telecom industry growth |
No Easy Answers in the Age of Easy Money - Wall Street Pit (blog)Released on 16 March 2010, 1:27 pm
No Easy Answers in the Age of Easy Money Wall Street Pit (blog) So does Joseph Carson, chief economist at AllianceBernstein, who says the Fed's internal forecast anticipates 4% GDP growth this year and in 2011. ... FOMC Leaves Interest Rates Unchanged; Sees Labor Market Stabilizing Preview of the Federal Open Market Committee Meeting |
Swiss Government Upgrades Forecasts - Wall Street JournalReleased on 16 March 2010, 3:00 pm
Swiss Government Upgrades Forecasts Wall Street Journal "This means that the increase in GDP forecasts could have been even more pronounced," he said. Zuercher Kantonalbank, for its part, expects Switzerland's ... Swiss Economic Outlook Brightens: Govt Swiss economy to outperform European average Better economic outlook for Switzerland |
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