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"Polska" to kraj bezprawia

poniedziałek, listopada 19, 2012

IV RZESZA EU, continue

David Cameron leaving the summit in Brussels yesterday afternoon. His refusal to sign up to a treaty to save the single currency sparked a furious debate over Britain's future in the European Union

http://www.nytimes.com/interactive/business/global/european-debt-crisis-tracker.html?ref=europe

Country Latest developments Coming events Vital statistics Recent articles
France


Nov. 6: The government of President François Hollande said that it would cut payroll taxes for businesses, but it stopped short of adopting the broader changes that a panel led by a business executive, Louis Gallois, recommended to make French industry more competitive.
  • Debt/G.D.P.: 91.0%
  • Unemployment, September 2012: 10.8%
  • S. & P. Rating: AA+
Germany


Nov. 14: Germany’s central bank gave a more pessimistic assessment of the euro zone crisis than the European Central Bank gave recently, saying the threat to financial stability is as great as it was a year ago and warning of negative side effects from record low official interest rates.
  • Debt/G.D.P.: 82.8.2%
  • Unemployment, September 2012: 5.4%
  • S. & P. Rating: AAA
Behind the Inscrutable Mien, Clues to Merkel’s Methods (The New York Times, Oct. 30)
Greece

Updated
Nov. 12: Greece’s fragile government pushed a tough budget of spending cuts and tax increases for 2013 through Parliament, moving a step closer to unlocking crucial rescue financing from the country’s foreign creditors.
  • Debt/G.D.P.: 144.3%
  • Unemployment, September 2012: 25.1%
  • S. & P. Rating: CCC
In Greece, Taking Aim At Wealthy Tax Dodgers (The New York Times, Nov. 12)
Italy


Oct. 18: In a nod to growing public outrage at political graft, the technocratic government of Prime Minister Mario Monti passed a bill that increases the penalties for extortion and abuse of office. Mr. Monti has said that he would not rule out staying on if he were called upon to lead a democratically elected government after elections expected next spring.
  • Debt/G.D.P.: 126.1%
  • Unemployment, September 2012: 10.8%
  • S. & P. Rating: BBB+
Portugal

Updated
Nov. 12: Chancellor Angela Merkel of Germany, on a quick visit to Lisbon, vowed continued support for Portugal, seeking to reassure a European partner that fiscal overhauls would be rewarded with long-term growth and stability. The next review of Portugal's 78-billion-euro bailout by the European Union and I.M.F. will begin on Nov. 12.
  • Debt/G.D.P.: 117.5%
  • Unemployment, September 2012: 15.7%
  • S. & P. Rating: BB
Spain


Oct. 30: Spain’s gross domestic product contracted by 0.3 percent in the third quarter, the fourth consecutive quarter of contraction for the Spanish economy.
  • Debt/G.D.P.: 76.0%
  • Unemployment, September 2012: 25.8%
  • S. & P. Rating: BBB-
Wave of Evictions Leads to Homeless Crisis in Spain (The New York Times, Nov. 12)

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