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Greece and CA deficit:
-6,5% 2003    -5,8% 2004      -7,6% 2005     -11,2% 2006     -14,4% 2007     -14,7% 2008     -11,0% 2009    -10,4% 2010     -8,6% 2011

OECD numbers. I don't know what is the structural deficit but it seems to be  lot larger then in Italy or France or indeed even Spain.

by IM on Thu Sep 8th, 2011 at 07:40:28 AM EST
[ Parent ]
When last we looked at these numbers, they differed considerably from Eurostat numbers.

I asked Yanis Varoufakis point blank if he had any internal insight into official Eurostat/OECD numbers and the Greek economy. He replied that the numbers were absolutely not to be trusted. Greece neither reported them accurately, nor did Eurostat seem to care.

by Upstate NY on Thu Sep 8th, 2011 at 03:36:49 PM EST
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