Tuesday, January 29, 2013

Greek top officer accussed of pretending greater Greek debt to impel 'austerity'

The Greek officer in charge of budget statistics (Hellenic Statistical Authority, ELSTAT), Andreas Georgiou, is under trial for greatly and mischievously inflating the figures of Greek debt so the Troika plan of "austerity for the poor, fiesta for the rich" would have more support. The accusations date back to 2009 and were initiated in 2011. 

Former PM, George Papandreou and former Minister of Finances George Papaconstantinou are also suspect. 

Is the Greek debt nightmare, partly, a case of engineered storm in a teapot?

Sources: Greek Reporter, Yanis Varoufakis (who is oddly sympathetic of the accused).

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