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A 🧵:
Greek PM @kmitsotakis wants to return Greece to investment grade, but it’ll take more than a primary surplus. It shld also require showing Greece has an independent judiciary. That #Georgiou is still battling courts to clear his name 13yrs on suggests this is not the case.
Greek PM @kmitsotakis wants to return Greece to investment grade, but it’ll take more than a primary surplus. It shld also require showing Greece has an independent judiciary. That #Georgiou is still battling courts to clear his name 13yrs on suggests this is not the case.
Georgiou was appointed president of the Greek statistics service in Aug 2010 after it emerged that the Greek government had underreported debt levels and deficits. Georgiou’s calculations showed the country’s deficit was even higher (15.4% of GDP), which was validated by Eurostat
Georgiou was hit with a series of lawsuits launched by Elstat board members, who were supported either directly or indirectly by successive Greek governments and politicians in Athens.
