Greek Government Deficit Figures Do No Add Up

The Greek public sector employs 800,000 people and yet the Greek government deficit is a massive 2billion euros a month.

Assuming every employee in the Greek public sector costs 4000Euros a month, which would seem about right, that would mean a total wage bill of 3.2billion Euros a month.

Greek interest payments amount to around 1.5billion Euros per month.

So one has to ask, where does all the money go?

All the debt payments and staff payments total 4.7billion, this article might shed some light on the situation

 

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