Business

Friday, November 11, 2011

Italy sinking

1. One of the world's lowest birth rates, Italy is a nation of
pensioners and a young leadera are in 50s. Industries and the Army
will find scarcity of manpower.
2. Italy's borrowing cost - 7.4 percent.
3. Italy's Debt, $2.6 trillion ((euro)/
4. Italy's GDP Grow only 0.5% in 2012.
5. For the past fifteen years Italy's budget deficit has been 3.5% of
GDP. It is currently 4.5%.