



The German newspaper Bild continues to provoke with a new article entitled “Greeks can reduce their debt with sex and drugs.”

In the article, the newspaper criticizes the “extended way” in which Brussels calculates the GDP of European countries.

The newspaper observed that the economic performance across the EU increased by 2.4 percent but only on paper. According to Bild, in the future the EU will also be counting the revenues of crime and prostitution to its economic statistics.

The newspaper also notes that the economic miracle of Brussels is attributed to a European regulation which dates back to June 2013 and which sees that prostitution should be counted as services that should be included in the GDP.

Fraud is also included in the so-called productive activities, mentions the German tabloid and concludes: “the more fraud and drugs and the more uninsured employees and prostitution exist in a country, the richer the country appears on paper.”

The German newspaper also explains what these developments are meant for highly indebted countries:

“In countries suffering from the crisis, such as Greece, Spain and Italy, this new regulation brings advantages such as reducing the debt ratio which is calculated in a GDP percent. Consequently, when the GDP grows based on this new regulation, then automatically the debt reduces.”



