![Robin Brooks on Twitter: "How can the EC have output gaps near zero for both, when real GDP per capita since '07 is up 12% in Germany but down 8% in Italy? Robin Brooks on Twitter: "How can the EC have output gaps near zero for both, when real GDP per capita since '07 is up 12% in Germany but down 8% in Italy?](https://pbs.twimg.com/media/EFeF7esX4AMiXOi.png)
Robin Brooks on Twitter: "How can the EC have output gaps near zero for both, when real GDP per capita since '07 is up 12% in Germany but down 8% in Italy?
![2b Output gap, cyclically adjusted net lending, spending and revenue... | Download Scientific Diagram 2b Output gap, cyclically adjusted net lending, spending and revenue... | Download Scientific Diagram](https://www.researchgate.net/profile/Martin_Larch2/publication/262278415/figure/fig21/AS:476486873423884@1490614731504/b-Output-gap-cyclically-adjusted-net-lending-spending-and-revenue-percentage-of.png)
2b Output gap, cyclically adjusted net lending, spending and revenue... | Download Scientific Diagram
![Sun Still Shines on Hungarian Economy, but Clouds Gather | The Budapest Business Journal on the web | bbj.hu Sun Still Shines on Hungarian Economy, but Clouds Gather | The Budapest Business Journal on the web | bbj.hu](https://bbj.hu/images2/201902/1550159790476cJNIKCDo6ep_L.jpg)
Sun Still Shines on Hungarian Economy, but Clouds Gather | The Budapest Business Journal on the web | bbj.hu
![Robin Brooks on Twitter: "Campaign against Nonsense Output Gaps (CANOO): the European Commission (red) puts the 2019 output gap in Spain at 1.8%, i.e. above Germany (0.4%), while it says Italy is Robin Brooks on Twitter: "Campaign against Nonsense Output Gaps (CANOO): the European Commission (red) puts the 2019 output gap in Spain at 1.8%, i.e. above Germany (0.4%), while it says Italy is](https://pbs.twimg.com/media/D00DcxjX0AEmLkR.png)
Robin Brooks on Twitter: "Campaign against Nonsense Output Gaps (CANOO): the European Commission (red) puts the 2019 output gap in Spain at 1.8%, i.e. above Germany (0.4%), while it says Italy is
![Robin Brooks on Twitter: "Campaign against Nonsense Output Gaps (CANOO): output gaps by the IMF, European Commission and OECD. IMF says Australia & Italy have same gap, even though the former has Robin Brooks on Twitter: "Campaign against Nonsense Output Gaps (CANOO): output gaps by the IMF, European Commission and OECD. IMF says Australia & Italy have same gap, even though the former has](https://pbs.twimg.com/media/EKo8JJrWsAAhVX7.png)