Greece has a capitalist economy with the public accounting for around 40 percent of the gross domestic product, or GDP. The majority of Greece's economy centers around the service sector, which includes such areas as gam... More »

The Greek financial crisis erupted in 2009 when Greece announced the enormity of its budget deficit. Pressured by the European Union and other creditors, Greece instituted numerous austerity measures to obtain billions o... More »

www.reference.com Government & Politics Politics

Inaccurate reporting of revenues and expenditures from the mid-1990s to 2014 contributed to Greece's financial crisis, along with corruption and tax evasion. The economic crisis dropped the country from the 28th largest ... More »

www.reference.com World View Social Sciences Economics

Spain has a mixed capitalist economy, which means both the state and the private sector directs the condition of the economy. In terms of per capita income, Spain has the 12th largest economy in the world. More »

Inaccurate reporting of revenues and expenditures from the mid-1990s to 2014 contributed to Greece's financial crisis, along with corruption and tax evasion. The economic crisis dropped the country from the 28th largest ... More »

www.reference.com World View Social Sciences Economics

If all other factors are equal, it is thought that an increase in an economy's exports will also increase the GDP or gross domestic product. GDP measures the size of an economy and therefore an increase represents overal... More »

www.reference.com World View Social Sciences Economics

Some indicators of a steadily growing economy are an increase in gross domestic product and an increase in non-farm, payroll employment. In addition, low inflation is a measure of a growing economy because if economic gr... More »