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Weak Economy Raises Risk

Posted November 7th, 2011 at 2:55 pm (UTC-5)
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Greece’s debt is equivalent to 165% of the nation’s Gross Domestic Product. George Mason University finance professor Gerald Hanweck says the Greek debt to GDP ratio is a problem because the economy is shrinking. The Greek economy is dependent on tourism and agriculture and has little capacity to generate the income needed to pay off […]

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