When the responsible persons at the decisive political levers will finally give their own statistical agency due attention and draw the right economic and social policy conclusions? This question at least comes up as soon as you look at the most recent press releases of Eurostat.

Annual inflation shows the European Monetary Union (EMU) is moving on the edge of deflation. The quarterly growth rate of gross domestic product (GDP) shows that the EMU moves at the edge of recession. The annual growth rate of GDP shows that the growth in the US is nearly twice as high as in the euro area. Industrial production has fallen, retail sales have fallen. The worst: the unemployment rate has for years been on a shockingly high level. The unemployment rate in the euro area is more than twice as high as in the US. That this is not an accident but a result of different, even opposite economic policies, as we demonstrate in our detailed analysis since years now.

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But when the European Commission, the European Central Bank and Germany´s Federal Government will take the bad testimonial serious that their own statistics authority issues to their policy?

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