“At a time when the rest of the world was furious that Greece had artificially improved the country’s budget statistics, Greek prosecutors are accusing Georgiou of doing the opposite. Prosecutors acted after a 15-month investigation into allegations made by a former ELSTAT board member. If found guilty, Georgiou faces five to 10 years in prison. Some argue that the technocrat Georgiou was serving his former superiors at the IMF and the European statistics agency Eurostat, which is led by a German. This theory holds that Greece was to be brought to its knees by imposing harsh austerity measures based on bloated deficit figures.”
Related posts:
China Will Build the Tallest Building In the World in Just 90 Days
US poverty rate steady at 15 percent, but 'lower class' is booming
Venezuela's poor sour on Maduro as prices, shortages sting
Another Swiss bank closes after US tax probe
$10m NSA contract with security firm RSA led to encryption backdoor
China hits back with report on U.S. human rights record
Global Debt Exceeds $100 Trillion as Governments Binge
U.S. Banks Bigger Than GDP as Accounting Rift Masks Risk
Kerry downplays new reports of NSA spying on allies
Bitcoin Spawns China Virtual IPOs as U.S. Scrutiny Grows
Myanmar gets its first investment bank [2012]
Indian yoga guru arrested for leading thousands in pro-taxation protest
Drones patrolling U.S. borders spark controversy over privacy
North Korea grants rare citizenship to American businessman
Hedge Funds Gear Up for Another Big Short: High-Yield Bonds