Greece has brought criminal charges against the official responsible for measuring the country’s debt, thereby calling into question the validity of its 172 billion euros second bailout by the EU and International Monetary Fund.
Andreas Georgiou, head of the independent statistical agency Elstat, and two senior officials are accused of undermining the country’s “national interests” by inflating the 2009 budget deficit figure used as the benchmark for successive austerity packages.
The three statistical experts face criminal charges of making false statements and corrupt practices, a judicial official said, adding that if found guilty they could serve prison terms of five to 10 years. They have denied any wrongdoing.
via CNBC
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