Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » EU defends Greek deficit statistics

    EU defends Greek deficit statistics

    npsBy nps30 August 2016Updated:25 June 2024 Finance No Comments2 Mins Read
    — Filed under: EU News Facts & Figures Greece Headline1
    Share
    Facebook Twitter LinkedIn Pinterest Email
    EU defends Greek deficit statistics

    Marianne Thyssen – Photo EC

    (BRUSSELS) – The European Union defended the credibility of Greece’s statistics body ELSTAT Wednesday, as its former head Andreas Georgiou remains under threat of prison over reporting Greece’s huge deficit in 2009.

    While being careful not to comment on individual national legal proceedings as a matter of principle, the European Commission was keen to put the record straight on the validity of Greek fiscal statistics.

    Referring to media statements on the court case against the former president of ELSTAT and the quality of official statistics in Greece, Employment and Social Affairs Commissioner Marianne Thyssen said it was crucial that the statistical basis for economic decision-making in Europe remain reliable.

    For the Commission as well as for Eurostat, the EU’s statistics agency, it was “absolutely clear” that data on Greek government debt during the period 2010-2015 have been fully reliable and accurately reported to Eurostat, “unlike the situation before this period”.

    Ms Thyssen, who has written to the Greek authorities on the matter, was very clear that media reports that appeared to call into question the validity of the fiscal data underpinning the stability support programme for Greece were unfounded. She said such allegations could create major damage for the credibility of Greek statistics.

    Against this background, the Commission is calling on Greek authorities to actively challenge “the false impression that data were manipulated during the 2010-2015 period, and to protect ELSTAT and and its staff from such unfounded claims.”

    The Commission said it was essential that Greece should support and preserve the quality of Greek statistics as well as the independence of the Greek statistical office.

    The situation is dangerous, said Ms Thyssen, though she held back from suggesting that the Greek bailout money was under threat.the Commission no awaits Greek reaction to its statement.

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Farm flooded with cows - Image by Brigitte Werner from Pixabay

    Climate and nature risks threaten Europe’s financial resilience and insurability – WWF report

    Sponsor: WWF15 January 2026
    Valdis Dombrovskis - Photo © European Union 2026

    Brussels presents 2026–2027 financial support package for Ukraine

    Bulgaria euro - Photo © European Union 2025

    Bulgaria joins euro zone on 1 January, 2026

    Volodymyr Zelensky - Photo © European Union 2025

    EU to provide EUR 90 billion loan to Ukraine

    Banking AI-generated Image by Pete Linforth from Pixabay

    ECB and EU central banks lead on climate, but action on nature risks is missing – WWF report 

    Sponsor: WWF EU14 December 2025
    Eurosif Logo

    Operations & Project Manager, European Sustainable Investment Forum, Eurosif

    LATEST EU NEWS
    Greenhouse gas - Image by Karl Egger from Pixabay

    EU greenhouse gas emissions in 2024 down 20 pct since 2013

    23 January 2026
    Power generator - Photo © European Union

    EU deploys emergency generators for Ukraine following Russian strikes

    23 January 2026
    Cheeses - Photo by Carlo Primo on Pexels

    Brussels launches EUR 160m calls to support EU agri-food sector

    22 January 2026
    Henna Virkkunen - Photo © European Union 2026

    EU boost for digital connectivity in Europe

    21 January 2026
    Hadja Lahbib - Photo © European Union 2026

    New EU strategy to stand firm against racism

    20 January 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?