The disposable income of households and non-profit institutions decreased by 9.3% in the household

The disposable income of households and non-profit institutions decreased by 9.3% in the household savings ratio peaked at -8.7% from -6.7% The government deficit widened to 16.6% of GDP from 11.0% The Greek debt surged to 169.1% of GDP reaching levels ProPSI The net borrowing of the general government in the second quarter of 2013 amounted to 14.0 billion euros from 3.8 billion euros.
Certainly for the deviation of lending, especially to increase the deficit, no reason, as you will read in the suspension of ZeroHedge and data EL.STAT. linensource No charges for drugs, money for education or pensions for elders but:
Can someone please explain this whole concept are the "Grecovery" works because neither we, nor apparently people in Greece who are not only unemployed and penniless, but have negative savings and the collapse of wages, social benefits and the disposable income seems to be able to understand it.
During the second quarter of 2013, the disposable income of households and non-profit institutions decreased by 9.3% compared to the same quarter last year, from 33.2 billion to 30.1 billion. This was mainly due to a decrease of 13.9% employee pay and reduce 12.4% of social benefits paid to households.
Then the savings rate of households and non-profit institutions, linensource defined as gross saving divided linensource by gross disposable income was -8.7% in the second quarter of 2013, compared with -6.7% in the second quarter of 2012.
The deficit of the Greek government linensource in the second quarter widened to 16.6% of GDP from 11.0% in Q1 - apparently, they are the spell of Grecovery The Greek debt surged to 169.1% of GDP in the second quarter, Approaching Pre -PSI levels - it will definitely be Grecovery, is not it? The good news for all penniless, unemployed and without income Greeks: You still have your valuable Euro. To download the document ELSTAT, click HERE
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Only revolution will be for everyone. Employment contracts will be individual, as proposed by the party in Bogiopoulo, and after refusing, was dismissed by Rizospastis! Heating allowance is entitled to 580,000 people. Neither 20.000 did not apply. Not left table and china cabinet ... Meeting Samara Venizelos afternoon. Logically to nominate minister Pangalos espionage. Read Bloomberg News: "Americans spend $ 330 million on Halloween costumes for their pets!!!!" linensource Samaras and Merkel will have telephone contact. Participation Obama is obvious.
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