Is this for real?

March 28, 2008

€ vs $

1€ = 1.57545$

[thanks Dr.Xos]


Greece’s account gap

December 19, 2007

I read an article from Reuters pointing out the increased threat to long-term growth and jobs in Greece, based upon the current account gap and data released by the Bank of Greece. Some interesting points:

  • The current account deficit soared 31 percent to 23.8 billion euros ($34.2 billion) in the 10-month period (highest in the Eurozone as a proportion of national output).
  • For 2007, the account gap is expected to be above 12 percent of GDP (currently the largest in the Eurozone).
  • Net private and public sector debt owed abroad grew to 92.2 percent of GDP last year from 51 percent in 2001.
[via]

ΔΕΗ A.E.

December 5, 2007


ΔΕΗ A.E.” or “PPC S.A.” is the Public Power Corporation of Greece

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