Eurostat experience highlights doubts over Greek data - by Andrew Willis
New figures released by the EU's statistics office – Eurostat – on Thursday (22 October), provide fresh information on EU government debt levels for 2008, but also point towards Greek political manipulation of the country's economic data. According to the new figures, average EU27 budget levels for 2008 were –2.3 percent of GDP, a rise from –0.8 percent in 2007. But the figures come with the following caveat: "Eurostat has expressed a reservation on the data reported by Greece due to significant uncertainties over the figures notified by the Greek statistical authorities."
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