Man Who Revealed the Depth of Greece’s Financial Quagmire Is Cleared

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In Greece, a ruling eight years in the making will raise hopes across Europe that the country’s judiciary and political establishment are finally accepting that its fiscal derailment was real

ATHENS—A Greek court acquitted the country’s former statistics chief of faking the budget deficit that deepened Greece’s debt crisis, potentially ending a marathon prosecution that has drawn widespread international criticism and raised doubts about the objectivity of Greek justice.

The Athens Appeals Court decided late Thursday to drop charges against Andreas Georgiou of artificially inflating the budget deficit for 2009, saying—after eight years of investigations—that there was no evidence of a crime.

 

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Well he deliberately pumped the numbers by including the debt of the public utilities(mainly hospitals) against any other european practice at the time. And he was also working at the IMF when he took over as the head of the Statistical authority.

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