http://200.18.67.61/wiki/api.php?action=feedcontributions&feedformat=atom&user=EstellaMalek903 2026-06-13T13:32:20Z Contribuições do usuário MediaWiki 1.18.0 http://200.18.67.61/wiki/index.php/Usu%C3%A1rio:EstellaMalek903 2013-01-16T00:43:33Z

<p>EstellaMalek903: Criou página com 'Italy has moved to centre stage in the eurozone debt crisis. While Greece generated a lot of noise, it is now seen as a sideshow. Greece's debt problems are already widely k...'</p> <hr /> <div>Italy has moved to centre stage in the eurozone debt crisis.<br /> <br /> While Greece generated a lot of noise, it is now seen as a sideshow.<br /> <br /> Greece's debt problems are already widely known and the immediate consequences of a Greek default largely anticipated.<br /> <br /> Moreover, the size of the Greek economy is small enough that the direct damage, if Greece stopped paying its debts, should be quite manageable for the eurozone.<br /> <br /> Instead, the big fear is &quot;contagion&quot; - that a Greek default could trigger a financial catastrophe for other, much bigger economies - in particular Italy and Spain.<br /> <br /> And it seems it is Italy that is now seen as the lead candidate for that contagion. But why is this?<br /> Prudent Italy?<br /> <br /> According to Germany's Chancellor, Angela Merkel, &quot;Italy has great economic strength, but Italy does also have a very high level of debt and that has to be reduced in a credible way in the years ahead.&quot;<br /> <br /> As with Greece, she and other eurozone leaders believe the solution is more government austerity - spending cuts and tax rises - by Rome.<br /> <br /> However, some economists might disagree with her assessment.<br /> <br /> The Italian government's debt, at 118% of GDP (annual economic output) is certainly high, even by European standards.<br /> <br /> But dig a little deeper, and the picture changes.<br /> <br /> Unlike their counterparts in Spain or the Irish Republic, ordinary Italians have not run up huge mortgages, and generally have very little debt.<br /> <br /> That means that according to the Bank of International Settlements Italy as a country - not just a government - is not actually terribly indebted compared with other big economies such as France, Canada or the UK.<br /> Continue reading the main story<br /> Crisis jargon buster<br /> Use the dropdown for easy-to-understand explanations of key financial terms:<br /> GDP<br /> GDP<br /> Gross domestic product. A measure of economic activity in a country, namely of all the services and goods produced in a year. There are three main ways of calculating GDP - through output, through income and through expenditure.<br /> Glossary in full<br /> <br /> Moreover, the large debts of the Italian government are nothing new. It has got by just fine with a debt ratio over 100% of its GDP ever since 1991.</div>

EstellaMalek903 http://200.18.67.61/wiki/index.php/EstellaMalek903 2013-01-16T00:43:23Z

<p>EstellaMalek903: Criou página com 'Italy has moved to centre stage in the eurozone debt crisis. While Greece generated a lot of noise, it is now seen as a sideshow. Greece's debt problems are already widely k...'</p> <hr /> <div>Italy has moved to centre stage in the eurozone debt crisis.<br /> <br /> While Greece generated a lot of noise, it is now seen as a sideshow.<br /> <br /> Greece's debt problems are already widely known and the immediate consequences of a Greek default largely anticipated.<br /> <br /> Moreover, the size of the Greek economy is small enough that the direct damage, if Greece stopped paying its debts, should be quite manageable for the eurozone.<br /> <br /> Instead, the big fear is &quot;contagion&quot; - that a Greek default could trigger a financial catastrophe for other, much bigger economies - in particular Italy and Spain.<br /> <br /> And it seems it is Italy that is now seen as the lead candidate for that contagion. But why is this?<br /> Prudent Italy?<br /> <br /> According to Germany's Chancellor, Angela Merkel, &quot;Italy has great economic strength, but Italy does also have a very high level of debt and that has to be reduced in a credible way in the years ahead.&quot;<br /> <br /> As with Greece, she and other eurozone leaders believe the solution is more government austerity - spending cuts and tax rises - by Rome.<br /> <br /> However, some economists might disagree with her assessment.<br /> <br /> The Italian government's debt, at 118% of GDP (annual economic output) is certainly high, even by European standards.<br /> <br /> But dig a little deeper, and the picture changes.<br /> <br /> Unlike their counterparts in Spain or the Irish Republic, ordinary Italians have not run up huge mortgages, and generally have very little debt.<br /> <br /> That means that according to the Bank of International Settlements Italy as a country - not just a government - is not actually terribly indebted compared with other big economies such as France, Canada or the UK.<br /> Continue reading the main story<br /> Crisis jargon buster<br /> Use the dropdown for easy-to-understand explanations of key financial terms:<br /> GDP<br /> GDP<br /> Gross domestic product. A measure of economic activity in a country, namely of all the services and goods produced in a year. There are three main ways of calculating GDP - through output, through income and through expenditure.<br /> Glossary in full<br /> <br /> Moreover, the large debts of the Italian government are nothing new. It has got by just fine with a debt ratio over 100% of its GDP ever since 1991.</div>

EstellaMalek903