Lies, damn lies, and European growth statistics

“Greece has at last returned to economic growth.” That was the official European Union (EU) storyline at the end of 2014. Alas, Greek voters, unimpressed by this rejoicing, ousted the incumbent government and, in January 2015, voted for a new administration in which I served as finance minister. Last week, similarly celebratory reports emanated from Brussels


  1. The quick way to determine the integrity of their finance is to look at the other end of stick.
    Yes, crime statistics. These statistics are better measuring tools of one country wealth then the complicated financial reports.

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