World news about “Gross Domestic Product (GDP)” published by euronews.
UK growth forecast slashed, austerity continues British finance minister George Osborne has admitted that economic growth there this year will be half the 1.2 percent that was forecast just three months… 20/03/2013
Grim growth numbers follow Italian downgrade There has been confirmation that Italy’s economy contracted by 0.9 percent in the final three months of last year from the previous quarter. That is in line… 11/03/2013
UK economy shrinks again Britain’s economy shrank more than expected at the end of last year. Gross domestic product was down by 0.3 percent as North Sea oil production slumped and… 25/01/2013
China’s economic growth slows China’s economy grew at its slowest pace since 1999 last year, but it seems to have avoided a sharp economic slowdown – or “hard landing”. The economy… 18/01/2013
Chinese growth falters again Growth in China has slowed for a seventh consecutive quarter, the economy growing by just 7.4% from July to September. This is the slowest since the start… 18/10/2012
Bank bailout but at a price for Spain Eurozone finance ministers approved Spain’s bank bailout on Friday but it comes at a price. The countries that are lending the money have forced Madrid to… 20/07/2012
Portugal makes steady progress says EU/IMF The EU and IMF have given Portugal flying colours after their fourth quarterly review of the country’s 78 billion-euro bailout. The finance ministry said… 04/06/2012
UK barely makes its 2011/12 deficit goal Britain’s government met its deficit reduction target for the financial year just ended – but only just – and the figures that have been released show an… 24/04/2012
Chinese economic growth slows China’s economy grew at its slowest pace in nearly three years in the first three months of this year. However analysts expect a rebound in coming months as… 13/04/2012
Italian economy contracts Italy has slumped into a recession expected to last at least a year with the economy contracting 0.7 percent over the past three months. It is the second… 12/03/2012
Spain government issues loans to regions to pay debtSpain’s total debt has risen nearly five percent over the course of a year, another cause for concern after the country agreed a 100 billion euro bailout for… 15/06/2012
Spain: debt level risesNew figures show an increase in Spain’s total debt which is adding pressure to the troubled economy. Debt was 72.1 percent of GDP for the first quarter of… 15/06/2012
What is the new EU ‘fiscal compact’?EU leaders gathering for today’s summit in Brussels are expected to agree a ‘fiscal compact’ to help bring the EU’s most indebted nations back into line with… 27/01/2012
