Sunday, November 20, 2011

GDP - Gross Domestic Product of Greece (click title to entry - thank you)

In 1990 it was $94.201 billion.

In 2000 it was $245.558 billion.

In 2008, it had grown to $347.042 at an astounding rate.

In 2010 it fell to $304.862 as quckly as it had risen.

During the decade of the Buish adminstration false confidence existed faux rewards were reaped and the Greek government believed the stock markets heading to Mars was never going to end.

Greek GDP slows its slide but still deep in red (click here)

ATHENS | Tue Nov 15, 2011 6:25am EST
ATHENS (Reuters) - Greece's economy slowed its steep slide in the third quarter but still shrank 5.2 percent from a year earlier as the debt-choked economy continued to plummet in a recession that looks set to head into a fifth year.The drop was mainly the result of huge wage and pension cuts, job losses, and tax hikes imposed under an international bailout aimed at stabilizing Greece's crumbling public finances and saving the country from bankruptcy....