Wednesday, August 2, 2017
Eurozone officials in warning on Greece statistics trial ‘farce’
August 2, 2017
Senior eurozone officials have warned that the continued prosecution in Greece of its former statistics chief is threatening to drive a wedge between Athens and its euro area creditors, only weeks after the country brokered a deal on the next stages of its €86bn bailout.
A suspended sentence handed down this week against Andreas Georgiou has prompted consternation among EU policymakers, reviving what many capitals fear is a series of politically motivated trials intended to restore the economic reputation of previous governments.
The long-running affair is likely to be put on the agenda of eurozone finance ministers in September amid “concern about the conviction across institutions”, said a diplomat. The judicial proceedings centre on Mr Georgiou’s time in charge of Elstat, the independent statistics agency set up as a condition of the first Greek bailout.
In remarks on Twitter that reflect deep unease in Brussels at Mr Georgiou’s conviction, Valdis Dombrovskis, European Commission vice-president, said he was following developments with concern. It was “important that [the] independence of Elstat and people who do their jobs are protected in line with the law”, said Mr Dombrovskis, who has responsibility for euro affairs.