Calamos Supports Greece

Andreas Georgiou

Former Greek Statistics Chief Acquitted for Third Time

The Appeals Justices Council on Thursday issued a ruling that for the third time acquits Andreas Georgiou, the former head of Greece's statistical agency ELSTAT, in connection with the upward revision of Greece's fiscal deficit in 2009. The Council...

Greek PM: We Are Not Afraid of Post-Bailout Surveillance

Greek Prime Minister Alexis Tsipras has denied that Greece does not want a precautionary credit line after the bailout program ends because it is afraid of creditors' surveillance. Speaking to Germany's Die Welt Sunday edition, Tsipras spoke about the post-bailout period...

Case of Greece's ex-ELSTAT Chief Goes Back to Court

The case of former head of the Hellenic Statistical Authority (ELSTAT) Andreas Georgiou over misrepresentation of Greek financial data will be up for review by the Appeals Council for a third time, following a Supreme Court decision on Monday. The...

Eurogroup: Persecution of Former Statistics Chief Could ‘Damage Reputation’ of Greece

European Finance ministers expressed their concern about the continued Greek Justice's persecution of Former ELSTAT chief Andreas Georgiou. After the Eurogroup meeting, at Tallinn, Estonia, Eurogroup chief Jeroen Dijsselbloem said that "It is our primary concern to ensure the protection...

Tsakalotos: Greece does not Question the Programme's Statistics

The Greek government doesn't question the quality of the statistical data on which the country's adjustment programme is based on, Finance Minister Euclid Tsakalotos was quoted as telling the German newspaper Die Zeit. Tsakalotos was commenting on an article about...

EU Commission Supports Convicted Greek Stats Chief

The first response to the conviction of former Greek Statistics chief Andreas Georgiou today by an appeals court, came from EU Commission spokeswoman, Annika Breidtheart in Brussels. The spokeswoman reaffirmed the EU Commission's trust in the Greek Statistics Authority's (ELSTAT)...

Former ELSTAT Chief Andreas Georgiou Handed Suspended Two-Year Jail Sentence

An Athens Appeal Court has sentenced the former head of ELSTAT Andreas Georgiou to two-year imprisonment on a charge of breach of duty. The sentence is suspended for three years. The Court did not recognize any mitigating circumstances and imposed the...

Prosecutor Seeks Guilty Verdict for Former ELSTAT Chief Andreas Georgiou

The prosecutor at an Athens Appeals Court has demanded a guilty verdict for the former head of Greece’s statistical authority (ELSTAT) Andreas Georgiou on breach of duty charges. The charges relate to Georgiou's parallel employment for a few months (from...

Greek Prosecutor Reopens Case Against Ex-Statistics Chief

The case of Andreas Georgiou, the former head of Greece’s statistical service (ELSTAT), will be re-opened despite the fact that it has been twice dismissed by an Appeals Court. On Wednesday, Supreme Court Prosecutor Xeni Dimitriou ordered the reopening of...

Appeals Justices Again Acquit Former ELSTAT Chief Andreas Georgiou, Two Others

An Appeals Justices' Council on Friday again acquitted the former head of Greece's statistical authority Andreas Georgiou, as well as two other ELSTAT employees, of charges that he had artificially inflated Greece's 2009 public deficit figures. This was the...