how close is Italy to going under ? & video

Discussion in 'Economics' started by Wallace, Apr 25, 2012.

  1. 'Power Shift Europe' Neil Macdonald on Italy's fiscal reckoning - CBC.ca
    21 min: http://www.cbc.ca/video/#/News/TV_Shows/The_National/1233408557/ID=2226773602

    https://www.cia.gov/library/publications/the-world-factbook/geos/it.html
    Italy - Economy
    GDP (purchasing power parity):
    $1.822 trillion (2011 est.) country comparison to the world: 11
    GDP - real growth rate:
    0.4% (2011 est.) country comparison to the world: 192
    Public debt:
    120.1% of GDP (2011 est.) country comparison to the world: 9
    Debt - external:
    $2.684 trillion (30 June 2011 est.) country comparison to the world: 7
    $2.223 trillion (30 June 2010 est.)
    Budget: revenues: $1.041 trillion . . . expenditures: $1.122 trillion (2011 est.)