Monday, 9 July 2012

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 Disputes the accuracy of ELSTAT the economic situation of Greece, Economic Research Department of Alfa Bank, weekly, and leave open the suspicion of "fake" data.Deliver serious doubts as to the accuracy atoicheion from 2005 until today, and it seems that this case is much more ... broth, as these articles have been created colpo Grosso for the conquest of the country.As mentioned, the Alpha "suddenly in August 2011, unemployment in Greece rose by 908 000 persons and the unemployment rate of 18.4% from 16.5% in July 2011."
Elements of ELSTAT unemployment reflects a "huge increase", said Alpha ", which is largely due to rising unemployment in major tourist destinations in the country (North and South Aegean, Ionian Islands, the Peloponnese, Crete, d. Al.) In August '11 to about 5.0 percentage points compared to July 2011. So, the South Aegean (Rhodes, Kos, etc.), rising unemployment in August '11 by 9100 people as compared to July '11 and Crete 15.24 thousands in the same month  click here

As a result, unemployment increased by 106 000 in August '11, as compared to July '11. Does not explain why she did this dramatic decline in a month, and even the height of tourist season in the country.
Please note that the rise in unemployment and unreal a month has not been established, or at least part of the employment in the public.
These data show a slight decrease of registered unemployed job seekers 693.3 mm in August '11, is 699.7 mm in July '11. In addition, decrease in jobs in August '11, which is based on the flow of recruitment, dismissal and redundancy on public service workers up to -8 240 people, compared with -12 to 400 people in August '2010. ':

a) one of the largest growth in foreign tourism in the country has so far b) an increase in exports of goods by 54.7% annually, c) increase in exports of services (excluding shipping and tourism) 31.6% (July-Avg.2011), d) increase the volume of index of retail sales by 1.2% in August '11, a slight decrease -2.5% in July '11 the long fall -11.7% in the first 6 months. '11, E) to increase the turnover in industry by 4.9% in the domestic market and 23.1%, and foreign market two months, July and August '11, f) a significant reduction in and reduced the other industrial production down 4.8% and the third three months. '11, -11.7% Of the first 6 months. '11, And others. "

In fact, it is surprising that GDP fell after all ...

In addition, the Greek Statistical Authority Independent (ELSTAT) says the bank ", announced that the fall in GDP in 2010 was over 4.5%, as estimated by ELSTAT (and Eurostat), in late 2010 and November 2011 (compared to -4.0% and the estimate of the Troika May 2010), but -3.5%.He pointed out that the estimate was -4.5% growth in 2010 were unfavorably impacted by the economic situation in most of 2011, used by thousands of international studies and analyzes of the Greek economy and the collapse of the decrease in aggressive multi-state of Greece credit rating from credit rating agencies. Today no one cares about reporting -3.5%. Everyone knows that the -4.5%.

Finally, the official (registered ELSTAT) Greece nominal GDP in 2010 was € 227.3 million, and at the end, € 230.4 million in ELSTAT appreciate only recently. In any case, the trend was formerly gross domestic product of the upward revision in new and dynamic sectors were excluded from the estimates.
ELSTAT to prove, said Alpha Bank, a new official estimate of GDP, using the most advanced scientific methods. However, it fell to nominal GDP in Greece in 2005 and 2010 (data not only what is now regarded as value-added and why) is known only ELSTAT and, of course, Eurostat ".

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