4 ms·
Greek GDP was grossly overinflated in 2008 by overspending in the public sector. Compared to 1990, Greece still grew 80% points more than e.g. France until 2014
by claudius 11y ago
Greek GDP was grossly overinflated in 2008 by overspending in the public sector. Compared to 1990, Greece still grew 80% points more than e.g. France until 2014, so they really don’t have much to complain about.
- dpark 11y ago> they really don’t have much to complain about. Really? I'd complain quite a bit about a 25% GDP drop, regardless of whether it was "overinflated" to start with.
- jugad 11y agoIs the 2014 figure for Greece its real GDP without the overinflation? If that is the case, we can simply inflate it up and problem solved.