Toronto information and news, covering issues impacting communities across the GTA
Friday November 19th 2010

Posts Tagged ‘International Monetary Fund’

Greece Collapse Impacts Toronto Housing

Greece Collapse Impacts Toronto Housing

Image via WikipediaIn the past few weeks we have heard a lot of news on uncertainty on Greece's economic future. The government owes about $400B whilst the country's GDP is only $339B. So the public debt is 125% of the GDP. IMF and EU Central banks are now working on a rescue plan that is a tough pill for the country. Majority of the funding [...]