With his triple suspension in “X”, the MEP of Renew Europe, George Kyrtsos compares the financial data of Greece in Europe and indeed with other “memorative” countries such as Ireland, Cyprus and Portugal.
In essence, it captures her failure Mitsotakis government noting that even Portugal has dropped its debt below 100% of its GDP.
He adds that Ireland has the second highest GDP per capita in Europe of 27 while Greece is second to last in the ranking!
Regarding the price of the goods, he points out that inflation has made the fifty euro now equal to 37 euro.
The posts of Giorgos Kyrtsos
- And in terms of finances, the government comes last compared to the memorandums of Ireland, Cyprus, and Portugal.
They have budget surpluses while the government runs a small deficit.
Celebrates reducing debt to 160% of GDP,
while the second worst memory country,
Portugal,
already dropped it below 100% of GDP…
- The comparison is very much at the expense of the economic policy of the government in relation to the other memorandum countries.
Ireland: 2nd highest GDP per capita in EU-27.
Portugal, Cyprus: GDP per capita close to the EU-27 average.
Greece: GDP per capita just 2/3 of the EU average,
the second lowest at 27!
- How 50 euros became 37 euros in two years.
The report(Step) records some impressive and troubling increases:
Eggs +21.8%
Flour 32%
cola +31%
Olive oil +103%
Feta +23%
Cyprus potatoes +35%
Yogurt 6% fat + 23%
Households under daily pressure.
And in terms of finances, the government comes last compared to the memorandums of Ireland, Cyprus, and Portugal.
They have budget surpluses while the government runs a small deficit.
Celebrates reducing debt to 160% of GDP,
while the second worst memory country,
the…— Giorgos Kyrtsos (@GiorgosKyrtsos) April 15, 2024
The comparison is very much at the expense of the economic policy of the government in relation to the other memorandum countries.
Ireland: 2nd highest GDP per capita in EU-27.
Portugal, Cyprus: GDP per capita close to EU-27 average.
Greece: GDP per capita at just 2/3 of…— Giorgos Kyrtsos (@GiorgosKyrtsos) April 15, 2024
How 50 euros became 37 euros in two years.
The report(Step) records some impressive and troubling increases:
Eggs +21.8%
Flour 32%
cola +31%
Olive oil +103%
Feta +23%
Cyprus potatoes +35%
Yogurt 6% fat + 23%
Households under daily pressure.— Giorgos Kyrtsos (@GiorgosKyrtsos) April 14, 2024
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