Exact(22)
It can be measured in cash terms or as a percentage of national output (GDP).
"But if you then say that means economic output, GDP, may be lower in that region, then you get different people showing an interest".
According to analysis by the European commission, the European Central Bank and the eurozone bailout fund, Greece's debts will peak at 201% of national output (GDP) in 2016, but still be 160% in 2022.
According to an analysis completed by the European Commission, the European Central Bank and the eurozone bailout fund, Greece's debts will peak at 201% of its national output (GDP) in 2016.
This contributed to huge and ongoing drops in Greek output: GDP is set to fall by around 5% this year.The failure of the first Greek package hit the troika's coffers hard, since the second package ran to €130 billion.
However, they insisted this did not mean austerity would have to continue for that long, as debt could be brought down as a proportion of the country's overall output (GDP) without the need for big cuts if the economy carries on growing.
Similar(38)
However, these studies did not consider desirable outputs (GDP, etc).
Thus, this study utilizes the two desirable outputs: GDP and GDP per capita as well as the two undesirable outputs: total CO2 emission and CO2/total primary energy.
In terms of our analytical framework decomposition model (1)—migration pressure change can be explored after developing scenario assumptions about future change in the model variables gross domestic production (GDP) and output per worker (GDP/W), and about the determinants of working-age population (WAP) change (i.e. fertility, mortality and actual migration).
An easy way to compare debt levels across different countries is to express debt as a percentage of total economic output, or GDP, which is why you'll hear commentators regularly talk about the debt-to-GDP ratio.
Industrial output and GDP decreased by 30 percent and 25 percent, respectively.
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Justyna Jupowicz-Kozak
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