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Greece pledges to get rid of tax evasion as a way of life

...Contributing to the problem is an informal economy that accounts for about 25 percent of Greece's annual gross domestic product. Evasion is most common in the services sector where customers don't receive a physical product, and it's...
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Greece faces pressure to back deal or consider leaving euro

...stands at around 320 billion euros ($357 billion) - a staggering 180 percent or so of the country's annual gross domestic product. Few economists think that debt will ever be fully repaid. Last week, the International Monetary Fund said...
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My Turn: SB 21 is Working - give it a chance

...last year of ACES, oil production plummeted by 8 percent, representing a loss of $1.8 billion. Alaska's gross domestic product also declined 2.5 percent, making it the only state in the nation to see economic decline. After only eight...
Lebanon's economy ravaged by Syria

...the year.The report estimates that the total costs of spillover will shave close to 3 percentage points off gross domestic product growth per year between 2012 and 2014. Unemployment will double to more than 20 percent, and about 170,000...
With inflation checked, a new round of federal spending can create millions of new jobs to look at the net interest payments on our federal public debt: these are less than 1.4 percent of the Gross Domestic Product, which is as low as it has been in the post-World War II period.This is the real burden of the debt; all those...
What's in an economic recovery?

...unemployment stuck above 8 percent and anemic real gross domestic product (GDP) growth, one can be forgiven for wondering...activity. We could, therefore, have an increase in gross domestic product and income from a very low trough and still live...
Obama vs. Romney on Medicare

...panel of experts that would recommend legislative changes in the program each year if costs grew more than the gross domestic product plus 1%. Those recommendations will automatically become law unless Congress adopts an alternative that is just...
Cliffs, Compromise and Consequences

...on how much each state's gross domestic product is tied to the federal government...16 percent of Alaska's Gross Domestic Product comes from federal spending...another 10.5 percent of our Gross Domestic Product coming from federal defense...
Commwealth Games woes could prompt reform in India

...lost productivity and other consequences of fouled water and inadequate sewage treatment are literally crimping gross domestic product. Toilets have also played a role in the Commonwealth Games, which end Thursday. Prime Minister Manmohan Singh...
Financial strategist advises against 'following the herd' when investing

...also said he does not believe the country is facing a double-dip recession. He does expect slow growth in the gross domestic product within the range of 2 percent a year, due to the overhang of unemployment and housing. He said in an economic...


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