Saturday March 28, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Brussels OKs Greek 2009 deficit figure despite probe

The European Commission said Wednesday that Greece’s fiscal data from 2009 onward have been completely reliable, a day after prosecutors asked for the head of the Hellenic Statistical Authority (ELSTAT), Andreas Georgiou, to face a criminal inquiry over allegations that he inflated the 2009 deficit figure to justify the government’s decision to apply for a bailout.

“Eurostat has been clear that it finds the revision of the Greek public finance data for 2009 by the Greek statistical office, ELSTAT, to be reliable and that the compilation of Greek data followed all the EU rules applicable and which all member states are bound by,” said Emer Traynor, a spokesperson for Commissioner Algirdas Semeta, who is responsible for taxation and customs union, audit and anti-fraud.

The decision to refer Georgiou and two other ELSTAT officials to a special magistrate has caused surprise in Brussels and concern in Greece’s coalition government.

“As a result, Eurostat’s been able to publish the government data on deficit and debt, which has been transmitted by ELSTAT without reservation since November 2010, which was not the case in previous periods,” Traynor added in response to a question from Kathimerini.

“We see this as reflecting the very significant progress that has been made in the quality of public finance data which has been transmitted by Greece as a result of new and strengthened procedures that have been put in place.”

The head of Eurostat, Walter Radermacher wrote to a Greek parliamentary committee in March last year to underline problems with the reliability of the country’s statistics between 2004 and 2010, and to emphasize that the reform of ELSTAT led to the agency gaining independence and greater trustworthiness.

Georgiou’s accuser, ex-ELSTAT official Zoe Georganta, claimed Wednesday in a radio interview that Greece’s deficit figure for 2009 should have been under 4 percent. The last time the Greek public deficit came in below 4 percent was in 2001.

ekathimerini.com , Wednesday Jan 23, 2013 (20:56)  
Defense minister Kammenos sues commentator for 1 mln euros
Reform talks move to Brussels
China and Greece look to closer ties, as FM heads to US
British Museum rejects request for Unesco mediation on Parthenon Marbles
Bank accounts continue to bleed
Pressures on Greek bank deposits have continued in March, with sector officials estimating that households and enterprises have withdrawn a net 3 billion euros in the first weeks of this mon...
Hania and Athens are the top picks for Easter visitors
Athens and Hania (pictured) are the first choices among foreign holidaymakers heading to Greece next week for Catholic and Protestant Easter, according to international online travel search ...
Inside Business
BASKETBALL
Greens live dangerously in Istanbul
Panathinaikos played with fire in Istanbul, but still managed to beat Galatasaray 86-84 on Friday and climb to the third sport of its group two games before the end of the Euroleague top-16....
SOCCER
Greek federation backs injured Holebas
The Greek soccer federation on Friday insisted that international defender Jose Holebas had been dropped from team training in Austria because of injury and not for any other reason. Media r...
Inside Sports
COMMENTARY
Time to get moving
More than two months have passed since the elections and the government has to stop running around in circles and adopt a program of specific reforms, with detailed calculations as to their ...
EDITORIAL
The same old story
One of those infamously bad practices that the political system has been accused of for years is being propagated by the new government today, as it is appointing party cadres and politician...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greens live dangerously in Istanbul
2. Bank accounts continue to bleed
3. Hania and Athens are the top picks for Easter visitors
4. Landlords to pay tax on unpaid rent
5. Air arrivals grow 20 pct in Jan-Feb 2015
6. Cash injection from state debtors
more news
Today
This Week
1. Greek future as trade hub in limbo amid Syriza split on railways
2. Greek gov't denies finance minister Varoufakis to resign [Update]
3. Bundesbank's Weidmann says euro zone debt in 'danger zone,' opposes more aid for Greece
4. New Democracy's political council convenes to decide line opposite gov't
5. Clocks go forward one hour on Sunday
6. Berlin says has no exact information about Greek reforms
Today
This Week
1. Next Monday is D-Day for state funds
2. EU asks Greece for more reforms to speed talks on bailout
3. PM faces Merkel amid race to detail reforms
4. Some more equal than others
5. Greece to present reforms by Monday, says gov't spokesman [Update]
6. Looking at the Chinese model
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.