Dvs Dvs criticized the economic policy of Andreas Papandreou and his governments, arguing that Greece lost ground compared to other European countries in the 1980s. According to the data he presented, in 1980 the average Greek was 17% richer than the average Irishman, 8% richer than the Spaniard, and 28% richer than the Portuguese. By 1990, he wrote, he was 6% poorer than the Irishman and 8% poorer than the Spaniard. Regarding public debt, he noted that it increased from 21% of GDP in 1980 to 68% in 1990 and 94% in 1993. He clarified that Papandreou was not in power during the period 1991-1993, but attributed much of the increase to the difficulty of containing deficits that, according to him, had been created during his administrations. He added that expenditures of the broader public sector rose from 48% of GDP in 1981 to 70% in 1988, while the budget increased from 625 billion drachmas to 3.2 trillion drachmas. During the posting, inflation reached 25% in 1985, and the country then had foreign reserves for only a few weeks. Dvs Dvs also mentioned that the percentage of taxes paid by wage earners and pensioners increased from 52.1% in 1980 to 63.2% in 1986, while productivity decreased by 5.5% and unemployment rose from 2.7% to 7%. He cited a GDP increase of 6.8% in Greece, compared to 26% in the rest of Europe, and argued that the economy remained stagnant, with low productive investments and most borrowing directed towards consumption. He also accused the government of borrowing to distribute money and secure votes. #ΠΑΣΟΚ #Οικονομία #Ιστορία (translated)
