|
CNN's Maggie Lake reports on the release of a new seven inch tablet and its prospects against the Ipad. Anticipation is high as the Chevy Volt hits showrooms. CNN's Maggie Lake finds out how it drives. (CNN) – As Eurozone ministers meet to discuss the debt problems of Ireland and Portugal and whether those nations need will need a bailout to shore up their finances. If they do, they will be following in the footsteps of Greece, which was thrown a $146 billion (110 billion euro) lifeline earlier this year. But that came with conditions. Greece is expected to bring its budget deficit down to the EU limit of 3 percent of GDP by 2014. But Greece is far from the only euro country with big deficits and high debt. Far from it. A new report by the European Commission’s statistical bureau, Eurostat, showed Greece had the largest government deficit as a percent of GDP: 15.4 percent of GDP. Where do the rest stack up? Here’s the rest of the top 10 European nations with the worst deficits in 2009: * Ireland –14.4 percent * UK – 11.4 percent * Spain – 11.1 percent * Latvia – 10.2 percent * Portugal – 9.3 percent * Lithuania – 9.2 percent * Romania – 8.6 percent * Slovakia – 7.9 percent * France – 7.5 percent |
About Business 360
CNN International's business anchors and correspondents get to grips with the issues affecting world business, and they want your questions and feedback. |