Greece

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...

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...

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...

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...

“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...

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...

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...

EU Economics Commissioner Pierre Moscovici met with Greek Finance Minister Euclid Tsakalotos in Brussels on Monday. In their first meeting since July, the two officials did not discuss the prosecution of former Hellenic Statistical Authority (ELSTAT) Chief Andreas Georgiou...

This summer the Greek government is creating a series of diversions in order to make the populace forget temporarily the enormous new taxes they have to pay and the hike in prices of almost all staples and consumer goods. After...

The European Commission wants the Greek government to take an official stand on press reports that the Hellenic Statistical Authority (ELSTAT) had rigged data to aid Greece's foreign creditors. EU Social Affairs Commissioner Marianne Thyssen, who overseas Eurostat, said...

Greece's Supreme Court on Monday partially revoked a decision to drop charges against Andreas Georgiou, the former head of Greece's independent Statistics Agency ELSTAT, for presenting artificially inflated figures for Greece's deficit in 2009. The court accepted a motion filed...

Greece's deficit figures for 2009 and 2010 were deliberately and artificially inflated, and this was at least partly responsible for the imposition of bailouts and austerity programs on the country, a former vice president of the Hellenic Statistical Authority (ELSTAT), Nikos...

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...

On Friday, financial prosecutor Grigoris Peponis submitted his initial findings on the Hellenic Statistical Authority (ELSTAT) case file to the country’s Supreme Court. According to a former employee of ELSTAT, Zoe Georganta, the statistics service had “cooked” the country’s public...

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...