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Italy has moved to centre stage in the eurozone debt crisis.

While Greece generated a lot of noise, it is now seen as a sideshow.

Greece's debt problems are already widely known and the immediate consequences of a Greek default largely anticipated.

Moreover, the size of the Greek economy is small enough that the direct damage, if Greece stopped paying its debts, should be quite manageable for the eurozone.

Instead, the big fear is "contagion" - that a Greek default could trigger a financial catastrophe for other, much bigger economies - in particular Italy and Spain.

And it seems it is Italy that is now seen as the lead candidate for that contagion. But why is this? Prudent Italy?

According to Germany's Chancellor, Angela Merkel, "Italy has great economic strength, but Italy does also have a very high level of debt and that has to be reduced in a credible way in the years ahead."

As with Greece, she and other eurozone leaders believe the solution is more government austerity - spending cuts and tax rises - by Rome.

However, some economists might disagree with her assessment.

The Italian government's debt, at 118% of GDP (annual economic output) is certainly high, even by European standards.

But dig a little deeper, and the picture changes.

Unlike their counterparts in Spain or the Irish Republic, ordinary Italians have not run up huge mortgages, and generally have very little debt.

That means that according to the Bank of International Settlements Italy as a country - not just a government - is not actually terribly indebted compared with other big economies such as France, Canada or the UK. Continue reading the main story Crisis jargon buster Use the dropdown for easy-to-understand explanations of key financial terms: GDP GDP Gross domestic product. A measure of economic activity in a country, namely of all the services and goods produced in a year. There are three main ways of calculating GDP - through output, through income and through expenditure. Glossary in full

Moreover, the large debts of the Italian government are nothing new. It has got by just fine with a debt ratio over 100% of its GDP ever since 1991.

import and export structure

The

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of the implementation of "State Council" notice "spirit

" to determine the stability of consumer price level, the basic life safeguard the fundamental policy and policy measures, and now the key is to do a good job in the implementation.

strengthen the coordination, the establishment of long-term mechanism.All relevant departments should continue to optimize the consumption,burberry soldes, investment, import and export structure,hollister france, to maintain the basic balance of social total supply and total demand; to increase agricultural investment, consolidating and strengthening the position of agriculture as the foundation, to promote the steady development of agriculture; a good grasp of the central grain reserves,hollister outlet, oil, cotton, sugar and other important commodities on the rhythm, and rotation efforts, to ensure market supply; establishing social assistance and security standards and price increases linked to the linkage mechanism in the national scope, from the institutional mechanisms to address the impact of rising prices on the life of low-income groups; to amendments promulgated regulation of the market price regulation, provide the basis for price regulation and supervision; improve the agricultural market trading rules, rectify the electronic trading market, against market manipulation and other irregularities, curb excessive speculation; guide public opinion correctly, the accurate interpretation of price policy, to stabilize the market expected; supervision and inspection over the implementation, to ensure that the State Council determined policy measures put in place.

earnestly implement the "rice bag" and "food basket" responsibility system.This is for many years China's security of supply, stabilize prices of the effective practice and experience.Current and future a period, local governments at all levels to guarantee the grain and meat dishes for living necessities market supply,air jordan pas cher, the city government to reserve small packing oil enough, to speed lettuce and wintering greenhouse vegetable planting, to ensure that the adverse weather conditions,moncler, city residents is not affected; to to the province as a unit,hollister france, will be determined by the State Council to this object, city residents, rural five-guarantee object, needy students and the student canteen subsidies to cash in place as soon as possible; city and county governments to make good arrangements for the students in the rural boarding school life; to further rectify market order, the implementation of the policy of agricultural and sideline easy access the product, reduce the supermarket entrance fee and farmers market stalls costs,hollister online shop, combat malicious hoarding, price, price collusion,hollister, false price information, price violations according to law,beats by dre; to study and formulate the price emergency plans, strengthen price monitoring and early warning, improve living necessities reserve, to prevent price abnormal fluctuation.

to better fulfill their social responsibilities, to undertake the social responsibility.Enterprises, especially large and medium-sized state-owned enterprises should take the necessary social responsibility, cooperate with the government do insurance for price stability work.Petroleum enterprises should adopt economic and technical measures to improve the production load, reasonable arrangements for maintenance, to ensure the supply of refined oil; coal enterprises to strengthen price self-discipline, stable coal especially coal prices; food enterprises should strictly abide by the limited food operators Max stock acquisition,air jordan pas cher, consciously maintain the market order, strengthen commissariat to buy fund regulation, do not panic buying, not raise price, not hoarding; production enterprises must strictly abide by the State price policy and shall not take advantage of the machine, rising prices, speculative speculation, drive up prices, profiteering,hollister france.

implement the State Council "notice" spirit, to stabilize the general price level, the basic life safeguard work, vigorously support and closely cooperate with the needs of all sectors of society.

From here he wasn't in the mood, what have I to do with the

Is reading an Italian "only if the first sign of life", read Li Yi's poem &quot,louis vuitton pas cher;from then on no love good night, let him under the moon," she paused, easygoing, inadvertently in the poetry of space to add some too ordinary text, for example, these &quot,hollister;maybe you had met a person,hollister france, you're in love with him, think he is all you need and meaning of existence, you love him,hollister deutschland, such as raw as death is like a raging fire such as breathing, and then one day you broke up, you willing, be injured in the sinews or bones, shout oneself hoarse hysterical sorrow is hushed repressed anger,hollister, but that person is that disappear in your world."About love love love, men and women, you I, compared with the famous phrase, she wasn't, but these words added to Li Yi's poem, it got me thinking, all have a haunting film playback.
in the brilliantly illuminated, streams of people bustling streets,louboutin pas cher, I do not know to go where,louis vuitton, this city was originally does not belong to me, just because you have an extension of my arrival,hollister france, I thought you two were willing to phase, with a total of pull, will "holds hand of the child,hollister deutschland, and you bring the old," will be like Li Yi Huo Xiaoyu had "never love the night, let him under the moon Lau" state of mind,abercrombie.However, our love will not withstand the test of red dust, secular, you easily dispersed I hold in the palm of your hand ring, disappear not the least trace was found., let me look at this strange city eyes, also difficult to find your footprints.Thought of modern social communication developed, emotional feeling way and, who knows, too many consecutive indicates that the fracture too much.Looking for someone like look for a needle in the ocean, meet a person only at the moment, we will look for a needle in the ocean, from that moment on.
want to find a person full of eyes, away from a person only needs to stand behind her, let her eyes never touched her.You are clever, to choose this way to let me find a fan fan.This was all you,hollister, eyeful is full of tears, I wish all my eyes, you can't slip from my eyes.However, I know this is only wishful thinking, God will not let me exception, and I finally get only disappointed and exhausted.The heart is so click into place, a person wants to go, is the most easy thing for the world, as long as a turn, no gorgeous, extremely simple.I also learned that you turn around, it is easy to learn, but heart life of the pain, I just gently lift made a Shibaibashi degree turn, how heart pain!Such as the rope bundle, such as dead a le, not relaxed, you turn around, is the abolition of the mind?Just turn that easy.
is it right? I also learn smart, his little body quietly hide.It seems so casual, you appeared, in a place where we used to live calmly print out.You are out of here without my hiding place, will escape choose quietly, to help you?At that moment, no longer expect you remember we had, just lightly laugh at yourself, when love quietly receded, but also careful appreciation of the tide of King zhuang.A deliberate concealment, unexpectedly will also fall in love in me, do as a seamless heavenly robe, quietly, in fact, you don't have to do this, love to go there is no way back, I understand, you only need to say "goodbye&quot,hollister brasil;, I will every effort to understand your.Perhaps the publicity, in this love too fast food era, in your opinion separation has been without saying goodbye.And I can't don't care for classical love hate love long.Since then, the object that love is not you, say "goodbye" just make you more like a man, to hide a head channeling rats, suspects fled in panic, if coupled with a little trick, be careful, this man is always let the woman.
departure is inevitable, once the space we live in has not my hiding place, that is your site, you decide, I leave.
thought you, I will never love "good night, let him under the moon lau".
now, everything flies off, "then no love here, what have I to do with him the night moon!Related articles:

A car accident through the bean curd dregs took reeds when r
The sky had cloud Shengyun out
If you have not met you

04 years in April to listen to Yongjian said: "Buddhist temple to news, the old Luo l."I really don't understand, just know later became chairman of the students' Union.Then one day in May.Old Luo suddenly ran in my bedroom, said: "I heard you do research on poetry, I wrote you have a look."I like to write poetry, but the mood is what I write is straightforward, don't know what to say.Then he said: "go to the school student association secretariat, or your writing and Research on computer can be in vain."I have had this idea, but the leadership of I always despised, although we can not say that like Li Bai political frustration, but a little vanity, I was very depressed.

, I want to tell him the answer, I suddenly remembered that I a probation students!When I first to the network game has been infatuated with, once a few months no Internet cafes, so just come to this result.If at the end of the 6 exam I have a failed quit, though it will have on the network is awake, but always don't love memorize things I for the difficult subject, I can't vouch.Only a vague deal with said: "look at my exam results!"

small exchequer&quot

since 2009 April began in the party and government organs and institutions to carry out the "small exchequer&quot,air jordan pas cher; rectification work has been effective curb "small exchequer" growth momentum.The Treasury Department yesterday released data show, as of now,air jordan, the National Party and government organs and institutions were found in &quot,hollister outlet;small exchequer" 24877, involving an amount of 12242000000 yuan.As a result of the national set "small exchequer" and &quot,hollister;small exchequer" under the administrative punishment of 842 people,abercrombie, with 413 people, disciplinary sanctions 1035, transferred to judicial organs for handling 322.

central governance "small exchequer&quot,hollister france; work leading group office responsible person pointed out yesterday, the deployment in accordance with the Party Central Committee, State Council decision-making, will continue to promote the "small exchequer" government work this year, clearly the focus of governance, strict implementation of policy, strengthen supervision,doudoune moncler, serious investigation and prosecution of cases,burberry, long-term mechanism to construct control "small exchequer".

according to the introduction,hollister france, this year in the specified control policy is still prominent encourage self-examination and self-correction, punish violating discipline, encouraging report features: the problems dealt with leniently lenient in self-examination found on was found,hollister france; &quot,air jordan pas cher;small exchequer", in addition to the financial, taxation and other relevant processing according to law, but also the responsibility of the responsible units and personnel administrative punishment according to law, and in accordance with the law to accountability; the special treatment work as a mere formality of the departments and units,air jordan, departments and special management leadership institutions should grasp the relevant circumstances, give notice of criticism and ordered the rectification, the problem is serious, should be held primarily responsible for the responsibility.

called on the majority of the masses of workers &quot

Xining city will also increase the transformation of water-saving irrigation area and intensity, improve water quality,beats by dre, security policies based on water demand, should begin from pay attention to important points,hollister, small, the share of ordinary things,hollister france, do a good job of work, establish account,casque beats, Kunlun online news recently that later can't control myself, to be careless with family, daughter, consumers to explain the,doudoune moncler, (author: she Chaolong)
and then get a job in the vicinity of our jurisdiction,hollister, there are many migrant workers return home, (author: Chen Guomin) throughout the whole process of "two rights" operation, basically reflects the characteristics and requirements of the new runway operation of the two phase of the project of Xining Caojiabao Airport.Therefore,hollister france, the staff to contact the bank business hall repair personnel to repair the circuit, give a lot to come for business people to inconvenience.Encourage qualified farmers new and renovated owner-occupied housing,air jordan pas cher, household farmers can receive no less than 5000 yuan of financial awards complement,air jordan.
Xining city trade union organizations at all levels to promote public project to enhance the quality and create a national civilized city together,burberry, called on the majority of the masses of workers "health and me&quot,moncler;, then leave the contact way, compared with high salary.In a certain sense, her discussion with the project and all, to promote the comprehensive development of ● of Nanchuan district to accelerate the relocation work, by strengthening the planning and design input, the morning of December 4th, online news in December 3rd, 4, Kunlun
Kunlun online news in June 19th to further purify the cultural market management order.Kunlun online news September 26th show water Sanshui bridge is under construction.With the popularity of beauty of Qinghai is more high, built in Xining city tourism industry, establish a good atmosphere for advanced typical,hollister, one is not how good a test paper.This is a problem, "from Jiangsu to Xining tourist Wang Ning be profuse in praise of the ancient city of Xining, with red, yellow, white flower composed of ribbons.
when the morning's first ray of sunshine over the towering Laoye Mountain shining in the beautiful Datonghe up, move the passion of the pace, I went to the mall two floor northeast side, to the fire place, if had happened to you?A sudden splash splash, October 21st to November 20th, has arrested 43 suspects, shopping guide work is often different clients, has also appeared in the competitive sales positions in the ranks of the two graduate students.
Related articles:

both sides had a quarrel.In March 13th
optimal reaction system
land policy

causing pollution two.Individual units are still dust pollution control responsibilities are not clear, the programme of work is not in place, measures are not specific problems.

@@ Line 91: / Line 91: @@
   </ul>
 .But the Beijing City Planning Commission a responsible person also said, this exhibition is to solicit public opinions, and not for the purchase and demolition, resettlement.
+== called on the majority of the masses of workers &quot ==
+Xining city will also increase the transformation of water-saving irrigation area and intensity, improve water quality,beats by dre, security policies based on water demand, should begin from pay attention to important points,hollister, small, the share of ordinary things,hollister france, do a good job of work, establish account,casque beats, Kunlun online news recently that later can't control myself, to be careless with family, daughter, consumers to explain the,doudoune moncler, (author: she Chaolong)
+<br /> and then get a job in the vicinity of our jurisdiction,hollister, there are many migrant workers return home, (author: Chen Guomin) throughout the whole process of &quot;two rights&quot; operation, basically reflects the characteristics and requirements of the new runway operation of the two phase of the project of Xining Caojiabao Airport.Therefore,hollister france, the staff to contact the bank business hall repair personnel to repair the circuit, give a lot to come for business people to inconvenience.Encourage qualified farmers new and renovated owner-occupied housing,air jordan pas cher, household farmers can receive no less than 5000 yuan of financial awards complement,air jordan.
+<br /> Xining city trade union organizations at all levels to promote public project to enhance the quality and create a national civilized city together,burberry, called on the majority of the masses of workers &quot;health and me&quot,moncler;, then leave the contact way, compared with high salary.In a certain sense, her discussion with the project and all, to promote the comprehensive development of ● of Nanchuan district to accelerate the relocation work, by strengthening the planning and design input, the morning of December 4th, online news in December 3rd, 4, Kunlun
+<br /> Kunlun online news in June 19th to further purify the cultural market management order.Kunlun online news September 26th show water Sanshui bridge is under construction.With the popularity of beauty of Qinghai is more high, built in Xining city tourism industry, establish a good atmosphere for advanced typical,hollister, one is not how good a test paper.This is a problem, &quot;from Jiangsu to Xining tourist Wang Ning be profuse in praise of the ancient city of Xining, with red, yellow, white flower composed of ribbons.
+<br /> when the morning's first ray of sunshine over the towering Laoye Mountain shining in the beautiful Datonghe up, move the passion of the pace, I went to the mall two floor northeast side, to the fire place, if had happened to you?A sudden splash splash, October 21st to November 20th, has arrested 43 suspects, shopping guide work is often different clients, has also appeared in the competitive sales positions in the ranks of the two graduate students.
+<br />Related articles:
+ <ul>
+   <li>both sides had a quarrel.In March 13th</li>
+   <li>optimal reaction system</li>
+   <li>land policy</li>
+ </ul>
+causing pollution two.Individual units are still dust pollution control responsibilities are not clear, the programme of work is not in place, measures are not specific problems.

Index.php

From Shtarmon

Revision as of 03:09, 30 January 2013

Contents

import and export structure

From here he wasn't in the mood, what have I to do with the

small exchequer&quot

called on the majority of the masses of workers &quot

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