Skip to main content

Brussels bureaufascists rush to protect a key man in the Greek crisis drama


Another conflict is taking place lately between Greek officials and the European Financial Dictatorship (EFD) representatives, concerning a key man who allegedly cooked Greece's statistics back in 2009 and forced Greece to enter the hellish path of Troika (EFD-IMF-ECB) creditors.


The European Union defended Greece’s budget data as concern mounts that a court case against the former head of the Greek statistical agency will reignite market doubts about the credibility of the country’s fiscal numbers.

The European Commission vouched for data submitted by the Hellenic Statistical Authority [Elstat] from 2010 to 2015 and validated by EU statistics office Eurostat. The period coincides with the tenure at the top of the Greek agency of Andreas Georgiou, who faces felony charges in Greece for reporting a 2009 budget deficit that was more than five times the EU limit and that unleashed the euro-area debt crisis.

Data on Greek government debt during the period 2010-2015 have been fully reliable and accurately reported,” European Commissioner Marianne Thyssen, who oversees Eurostat, told reporters on Wednesday in Brussels. “We expect the Greek authorities to actively and publicly challenge the false impression that data were manipulated during the 2010-2015 period.The issue is politically sensitive across Europe because Greece allegedly manipulated its fiscal numbers to qualify for euro entry in 2001 and became dependent in 2010 on international emergency loans, which have flowed for the past six years in return for widespread budget cuts. The aid for Greece is underpinned by the fiscal data of Greece’s statistical agency, also known as Elstat.

Georgiou, who stepped down as Elstat’s chief last year when his term ended, faces some domestic political critics who allege that he inflated Greece’s 2009 deficit figure of 15.6 percent of gross domestic product.

[...]

Thyssen said on Wednesday that the commission, the EU’s executive arm, has sent a letter to the Greek government stressing the importance of preserving the quality of Greek budget statistics. She said false allegations “may create major damage to the credibility of Greek statistics.” The Greek government responded coolly to Thyssen’s remarks, confirming in an e-mailed statement that Finance Minister Euclid Tsakalotos had received a letter from the commission, saying he was surprised by it and pledging to respect the independent operations of the Greek judiciary.

More and more evidence comes on surface that Greece was artificially trapped into a debt crisis that permitted neoliberal establishment to conduct the most brutal experiment, for the first time in an advanced economic area.

The anxiety of the EFD officials to cover up an important parameter in the Greek crisis case is more than obvious. Their efforts include indirect threats - “... will reignite market doubts about the credibility of the country's fiscal numbers, as well as an attempt to intervene in the work of Greek justice. Apparently, they don't want further research concerning the key man, Andreas Georgiou, because this could bring crucial evidence on how Greece has been transformed into a debt colony.

Therefore, it could spoil efforts to expand further the Greek experiment (already "intruded" in France) to the whole eurozone.

Note that Panagiotis Lafazanis, leader of Popular Unity, the party that came out of SYRIZA's split, expressing its most radical side, stated that the support of the European Commission on Andreas Georgiou, through unacceptable and anti-constitutional intervention, is logical, obvious and expectable. This is because Andreas Georgiou was the IMF official and its man who have been “planted” in Elstat by the Government of George Papandreou, with the consensus of New Democracy too, just to serve the Troika, not the reasonable and legal Greek interests.

He also stated that Andreas Georgiou, through his service in Elstat, delivered Greece to the German EU and IMF, as the scapegoat and memoranda guinea pig for their plans of the general social and labor demolition of Europe.

Comments

Popular posts from this blog

F-35s & AI Chips: How MBS Outplayed Washington & Beijing

GVS Deep Dive  Saudi Arabia just secured two of the most powerful assets in modern geopolitics: the U.S. F-35 stealth fighter and tens of thousands of Nvidia’s most advanced AI chips. Washington hoped this would pull Riyadh firmly back into the American orbit. But the outcome is something neither side fully expected: Mohammad bin Salman outplayed both Washington and Beijing — and used the great-power rivalry to his advantage.

Greece, Palestine & Zionism: FPTV Reports from Athens

Free Palestine TV   Laith Marouf & Rabih Ghannam travel to Athens, Greece, and take a walking tour with local activists Evan Katsounis and Maria Kosmidi, to discover the rich history of anti-Zionist and anti-Fascist actions in the city, as well as the current Zionist incursion into the property sector and the counter actions directed at the presence of these War Criminals on the streets of the city. 

Trump RUINED: Israel First Lies & Economic Freefall Just ENDED MAGA

Danny Haiphong   Tucker Carlson isn't the only journalist breaking with Trump. In this video, Patrick Henningsen goes scorched earth on Trump's massive betrayal of what he promised his "MAGA" base and blows the lid off how his massive lies serve as a cover up for a much bigger structural problem in America's 'Israel First' political system, what Tucker and major voices in elite MAGA won't tell you.  

Trump BLEW IT: Israel, Candace Owens & Epstein BURY MAGA (But Not How You Think)

Danny Haiphong   Trump has bent the knee to Israel for the last time. Patrick Henningsen exposes his horrid record and all the elements that has led to his rapidly coming collapse. 

Capitalism & Genocide - Yanis Varoufakis Speech at the Gaza Tribunal, 23rd October 2025, Istanbul

Yanis Varoufakis   On 23rd October, Yanis Varoufakis testified in front of the Jury of Conscience in the context of the Gaza Tribunal. His speech focused on the economic forces underpinning the genocide of the Palestinian people. In particular, he spoke on the manner in which capitalist dynamics have historically fuelled the white settler colonial project and, more recently, how the accumulation of a new form of capital - which he calls cloud capital - has accelerated, deepened and amplified the economic forces powering and propelling the machinery of genocide. 

Varoufakis: IT technologies will overthrow Capitalism

globinfo freexchange The former Greek Minister of Finance, Yanis Varoufakis, ended his recent speech on the Future of Capitalism, at the New School, New York, with some interesting remarks. As he said: The world we live in, is increasingly rudderless, in a constant slow burning recession, while at the very same time, the increasing concentration in the IT sector is creating the new technologies that will do that which the Left has failed to do: overthrow Capitalism. It is really very simple. The moment machines pass the Turing test properly, and you pick up the phone and you do not know whether the person you are talking to is a human being or a machine ˙ the moment we are going to have 3D printers operating as public utilities - you can send any blueprint to it and it can print from one pin to a motorcycle, or to a car - the moment that this happens, we have not just a process of Schumpeterian creative destruction, but we have a process where economies of sc...

Racing Extinction

suggested by failedevolution.blogspot 18th Thessaloniki Documentary Festival Scientists predict that humanity’s footprint on the planet may cause the loss of 50% of all species by the end of the century. They believe we have entered the sixth major extinction in Earth’s history, following the fifth great extinction which took out the dinosaurs. Our era is called the Anthropocene, or “Age of Man,” because evidence shows that humanity has sparked a cataclysmic change of the world’s natural environment and animal life. Yet, we are the only ones who can stop the change we have created. The Oceanic Preservation Society (OPS), the group behind the Academy Award-winning film The Cove, is back with a new groundbreaking documentary. Joined by new innovators, this highly charged, impassioned collective of activists brings a voice to the thousands of species teetering on the very edge of life. The director has crafted an ambitious mission to clearly and artfu...

Trump Welcomes Syrian Leader & “REFORMED” TERRORIST To White House!

The Jimmy Dore Show   President Donald Trump is planning a White House welcome for Syria’s new president, former al-Qaeda in Iraq leader Ahmed al-Sharaa, who was installed after the overthrow of Bashar al-Assad. Jimmy Dore argues that the U.S. and its allies, including Israel, have long funded extremist groups such as ISIS and al-Qaeda to serve foreign policy interests in the Middle East, so the embrace of al-Sharaa makes sense, even if it might confuse anyone who thought we took seriously the so-called “War on Terror.” He and Americans’ Comedian Kurt Metzger contrast Trump’s willingness to meet with alleged terrorists to his refusal to engage in dialogue with leaders like Venezuela’s Nicolás Maduro, accusing U.S. policy of hypocrisy and imperialism.  

How The CIA & Mossad Set Up Sudan for Genocide since the 1990s

MintPress News   Sudan is being systematically destroyed - not by accident, but by design. This investigation reveals how US imperialism, through Israeli and UAE proxies, has engineered Sudan's collapse since the 1990s to crush the axis of resistance, block China's Belt and Road, and loot Africa's resources families are killed, children starve, and the west profits. 

Maduro's opening to China

“ Chinese President Xi Jinping on Wednesday said he hopes Venezuela will use bilateral financing mechanisms and channel more funds to the areas of energy, mining, agriculture and industry while meeting with Venezuelan President Nicolas Maduro.” “ Financing mechanisms between the two countries total more than 50 billion U.S. dollars, according to Venezuelan experts. Financing mechanisms, including the China-Venezuela Fund, have provided financial support for some 256 projects. China and Venezuela upgraded their relationship to a comprehensive strategic partnership during Xi's visit to Venezuela in 2014, opening a new chapter in bilateral ties.” “ During their meeting, Xi called on the two sides to push bilateral ties to a higher-level. China supports Venezuela's efforts in restructuring its economy and establishing a manufacturing economic model, he said. Xi suggested the two countries push forward cooperation in the fields of oil exploration, infrastru...