Wednesday September 3, 2014 Search
Weather | Athens
29o C
23o 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)  
Report points to suspicious clinic charges to EOPYY
New rector seeks to introduce ID checks at University of Athens
Gov’t upbeat in troika talks, says budget ´on target´
Anti-racism bill approved in principle, final vote Friday
Helexpo sell-off plan to be ready by mid-October
Helexpo, the state company that organizes major exhibitions such as the Thessaloniki International Fair, is in the last stages of drawing up its privatization plan. Sources say that the prop...
Maniatis talks energy with Washington’s man in Athens
Energy Minister Yiannis Maniatis held a meeting yesterday with US Ambassador in Athens David D. Pearce to discuss possible natural gas supply problems that Europe may face this winter due to...
Inside Business
Grateful Saviola thanks Olympiakos, joins Verona
Former Argentina international Javier Saviola has thanked Greek champions Olympiakos for the "beautiful moments" during his season-long stint in Greece as he left the club to join Serie A ou...
SOCCER
Greece defender Papadopoulos fires parting shot at Michel
International defender Avraam Papadopoulos suddenly quit Olympiakos on Monday to join Turkish club Trabzonspor, and fired a parting shot at Olympiakos manager Michel putting the blame on the...
Inside Sports
COMMENTARY
Politicized archaeology
Let us suppose that archaeologists discover that the tomb uncovered in Amphipolis was not the resting place of Roxana or Nearchos, but of Alexander the Great. Let us assume, that is, that ar...
EDITORIAL
Moderating expectations
Politics is, to a great extent, all about managing expectations, and anyone who raises that bar too high or too fast is at serious risk of disappointing and losing the people’s favor. In a c...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Helexpo sell-off plan to be ready by mid-October
2. Maniatis talks energy with Washington’s man in Athens
3. Task force to examine cases of extreme taxation, customs issues
4. Hotels hike prices by 10 pct in H1 of 2014
5. Pension system nears breaking point
6. Report points to suspicious clinic charges to EOPYY
more news
Today
This Week
1. Politicized archaeology
2. Rain and storms with hail expected in many parts of Greece
3. Reforms to dominate Greek talks in Paris, debt relief talks later, says source
4. New committee formed to assess progress of deregulation in closed-shop professions
5. Moderating expectations
6. Greece needs private debt overhaul, Piraeus Bank CEO says
Today
This Week
1. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
2. The battle against progress
3. Strong undersea quake occurs off island of Milos, felt in Athens
4. Hardouvelis, ECB executive discuss bank program, stress tests
5. Greek quest for debt relief faces hurdles in Paris
6. Prospect of Greek grand prix back on the agenda; huge investment needed
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.