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Bloomberg: Andreas Georgiou fixed Greece’s fake econ stats, now he faces criminal charges

  • 1.  Bloomberg: Andreas Georgiou fixed Greece’s fake econ stats, now he faces criminal charges

    Posted 10-01-2016 12:53
    http://www.bloomberg.com/news/articles/2016-09-30/greece-s-least-wanted-man-lives-in-maryland

    For 21 years, Andreas Georgiou worked in relative obscurity as an economist at the International Monetary Fund in Washington. When the European debt crisis hit and his home country of Greece began teetering toward bankruptcy, Georgiou felt a patriotic urge to help. In early 2010 he applied online to run a newly created office designed to clean up Greece's much maligned economic statistics. He got the job, and in August 2010 he moved to Greece for a five-year term as president of the Hellenic Statistical Authority.

    Six years later, rather than being seen as a hero who helped fix Greece's broken finances, Georgiou is vilified there. His review of the country's public accounting exposed years of bogus statistics and along the way made him a target for critics who blame him for the strict austerity measures Greece's creditors imposed. 

    --
    Andrew Reamer
    Research Professor
    George Washington Institute of Public Policy
    George Washington University
     
    805 21 St., NW,  Room 613
    Washington, DC  20052
     
    (202) 994-7866


  • 2.  RE: Bloomberg: Andreas Georgiou fixed Greece's fake econ stats, now he faces criminal charges

    Posted 10-03-2016 07:04

    Great to read the Bloomberg article about Andreas Georgiou. You may be interested to read the statement issued by the ISI last week, which can be found here: https://www.isi-web.org/images/news/2016-09ISI%20Statement%20on%20Greece.pdf

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    Ada Krimpen
    Director
    International Statistical Institute