The Dictionary of Debt (V): GDP, Haircut, Inflation, Labour Cost, Liquidity
Gross Domestic Product, GDP: The total value of all goods and services produced within a country during a given year, including those produced by units owned by people who live abroad. The Greek GDP in 2010 amounted to €230 bln, with a real fall of 4.5% in comparison to 2009. In 2011 the fall approached…
