Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
I think what is happening is that the oecd table includes social contributions as budgetary  revenue and social benefits as budgetary costs - while the Greek government tables exclude the costs and the benefits from their calculations in the main table - possibly because government has no direct control of these revenues, and theoretically simply "guarranties" most of the social benefit costs. The IMF then counts all social benefits as part of the wage bill, which is quite a trick IMHO. Hah, talking about cooking up numbers...

The road of excess leads to the palace of wisdom - William Blake
by talos (mihalis at gmail dot com) on Fri May 14th, 2010 at 08:53:43 AM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

LQD: Totes awky momo

by Frank Schnittger - Oct 12
30 comments

Catalonia open thread

by fjallstrom - Sep 29
41 comments

Smudges

by Oui - Sep 23
10 comments

Occasional Series