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Greece

Former ELSTAT Chief Andreas Georgiou Handed Suspended Two-Year Jail Sentence

An Athens Appeal Court has sentenced the former head of ELSTAT Andreas Georgiou to two-year imprisonment on a charge of breach of duty. The sentence is suspended for three years. The Court did not recognize any mitigating circumstances and imposed the...

Prosecutor Seeks Guilty Verdict for Former ELSTAT Chief Andreas Georgiou

The prosecutor at an Athens Appeals Court has demanded a guilty verdict for the former head of Greece’s statistical authority (ELSTAT) Andreas Georgiou on breach of duty charges. The charges relate to Georgiou's parallel employment for a few months (from...

Appeals Justices Again Acquit Former ELSTAT Chief Andreas Georgiou, Two Others

An Appeals Justices' Council on Friday again acquitted the former head of Greece's statistical authority Andreas Georgiou, as well as two other ELSTAT employees, of charges that he had artificially inflated Greece's 2009 public deficit figures. This was the...

Former ELSTAT Chief Andreas Georgiou Opposes Criminal Charges

“I don’t regret it one bit. I’d have done exactly the same again — in a heartbeat,” Andreas Georgiou, former ELSTAT chief said to the Financial Times in an interview published on Saturday, August 14. Georgiou, who has also...

Former ELSTAT Chief Georgiou Acquitted for Criminal Breach of Duty

A three-member misdemeanors court found the former head of Greece’s statistics agency ELSTAT innocent of the charge of criminal breach of duty following a marathon hearing session on Tuesday that lasted five hours. Andreas Georgiou was accused of keeping his...

Restoration Phase A of Apostle Andreas Monastery Near Completion

The monastery of Apostle Andreas, in the Turkish occupied Karpass peninsula, will be delivered to the pilgrims next month. Greek-Cypriot co-chairman of the Technical Committee on Cultural Heritage, Takis Hadzidemetriou told CNA last Monday that the first phase of the...

EU Backs Georgiou On Greek Statistics

Contradicting Greek prosecutors who want an investigation into whether Greece’s statistics agency ELSTAT manipulated numbers in 2009 to force the country to seek an international bailout, the European Commission said the agency’s head, Andreas Georgiou, gave accurate reports. The European...

ELSTAT Chief Georgiou Faces Probe

Greek prosecutors have said they want to conduct a criminal inquiry into whether Andreas Georgiou, the head of the country's statistics agency ELSTAT, and two of his subordinates to determine whether they manipulated numbers to force the country...

Katherine Kelly Lang from "The Bold and the Beautiful" in Greece For Filming

The well-known American actress Katherine Kelly Lang, who became internationally famous as ''Brooke'' on CBS' popular soap opera ''The Bold and the Beautiful,'' arrived on the shores of Corfu (Kerkyra) on Sunday to take part in the filming of a Greek...

Former Greek Statistics Chief Acquitted for Third Time

The Appeals Justices Council on Thursday issued a ruling that for the third time acquits Andreas Georgiou, the former head of Greece's statistical agency ELSTAT, in connection with the upward revision of Greece's fiscal deficit in 2009. The Council...

Greek PM: We Are Not Afraid of Post-Bailout Surveillance

Greek Prime Minister Alexis Tsipras has denied that Greece does not want a precautionary credit line after the bailout program ends because it is afraid of creditors' surveillance. Speaking to Germany's Die Welt Sunday edition, Tsipras spoke about the post-bailout period...

Case of Greece's ex-ELSTAT Chief Goes Back to Court

The case of former head of the Hellenic Statistical Authority (ELSTAT) Andreas Georgiou over misrepresentation of Greek financial data will be up for review by the Appeals Council for a third time, following a Supreme Court decision on Monday. The...

Tsakalotos: Greece Likely not to Need Precautionary Credit Line After Program Ends

Greece and its creditors believe that the country will not need a precautionary credit line after its aid program is completed in August 2018, Finance Minister Euclid Tsakalotos said on Friday after a meeting of euro zone ministers in...

Eurogroup: Persecution of Former Statistics Chief Could ‘Damage Reputation’ of Greece

European Finance ministers expressed their concern about the continued Greek Justice's persecution of Former ELSTAT chief Andreas Georgiou. After the Eurogroup meeting, at Tallinn, Estonia, Eurogroup chief Jeroen Dijsselbloem said that "It is our primary concern to ensure the protection...

Brussels Raises Concerns Ahead of the Greek Third Program Review

European creditors have raised concerns about the implementation of the Greek program at the Eurogroup Working Group (EWG) meeting on Monday in Brussels. The meeting discussed the third program review ahead of the informal Eurogroup to be held on September 15...