Head Of Greek Statistics Bureau Accused Of Falsifying Economic Data Puts Blame Where It Truly Lies

Tyler Durden's picture

Back in 2011, when day after day the true ugly nature of the Greek economy was being exposed for all to see well just after the second and before the third bailouts of the country were a fact, and as the decade-long obfuscation campaign to present the economy far stronger than it was in reality was crashing and burning, Greece decided to do something unique: it would put all the blame on the president of its newly created, independent Greek statistics service ELSTAT, accusing him of making the country look worse than it was (as if that was at all possible). Just like in the US, the blame would never reach those who were truly responsible, and instead would find a scapegoat in a person who was new to the scene, had no political ties and connections, and could not defend himself.

Today, he has defended himself... but to no avail: he will be thrown under the bus, as the economic data lies and manipulation have resumed, only this time with someone to take the blame if only for a while. Then, in a few months when the lies are uncovered to have resumed, the charade can repeat itself all over again.

The highlights from his naive plea for justice are below:

In any event, it is striking that a criminal prosecution for “erroneous production of the public finance statistics of the country” did not take place when “greek statistics” were a constant source of concern for the European and international community, but it took place instead when the responsible European institution had accepted the Greek fiscal data as consistent with the rules and the methodology that are provided for and are binding in European Law and the national statistical institute of Greece had regained its lost credibility.

 

The continuous safeguarding of the unswerving application of the law, including European law, constitutes the only guarantee that the staggering effort of the Greek people in the context of the economic adjustment and reform program will be carried out on firm ground and that their sacrifices will amount to a solid investment for a better future.

 

Fully respecting this effort of the Greek people, I will continue to apply the law, despite the adversities. The faithful application of European Law in the production of Greek public finance statistics, and specifically of the deficit of 2009, cannot but be recognized also by Greek Justice.

Good luck:

The full release is below (link):