how close is Italy to going under ? & video

W

Wallace

'Power Shift Europe' Neil Macdonald on Italy's fiscal reckoning - CBC.ca
21 min: http://www.cbc.ca/video/#/News/TV_Shows/The_National/1233408557/ID=2226773602

https://www.cia.gov/library/publications/the-world-factbook/geos/it.html
Italy - Economy
GDP (purchasing power parity):
$1.822 trillion (2011 est.) country comparison to the world: 11
GDP - real growth rate:
0.4% (2011 est.) country comparison to the world: 192
Public debt:
120.1% of GDP (2011 est.) country comparison to the world: 9
Debt - external:
$2.684 trillion (30 June 2011 est.) country comparison to the world: 7
$2.223 trillion (30 June 2010 est.)
Budget: revenues: $1.041 trillion . . . expenditures: $1.122 trillion (2011 est.)
 
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