Thread: Spain
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Old 06-10-2012, 21:35   #66
Deathclaw
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Originally Posted by Heyga4Huk View Post
Pre-crisis they were not extraordinary. Looking at pre-crisis levels (Summer 2008), their average deficit isn't even the highest.
Island is a competly different story and I was talking of the average deficit of 2000-2008 aka average pre-crisis deficit.

Greecy simply had the highest average deficit. Even hungary that lived way above their means had less than greece (-5.1%). This means that greece had a 15% higher deficit than any other euro country before the crisis.

The average deficit of the eurozone was -1.9% before the crysis. So greece had an 210% higher deficit than the average euro country. And you still dare to say that they didnt do anything extraordinary? LOL.
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