GREECE ACCUSED OF FRAUD OVER DEBT STATISTICS

BY KEITH NUTHALL THE EUROPEAN Commission has effectively accused Greece of fraud over its misreporting of government deficit figures. As the country teeters towards potential financial default, a report on repeated errors in financial data said the European statistical checking system run by European Union (EU) statistical agency Eurostat and national agencies had been undermined. "This quality assurance system and its features is based on assumptions...shown to be subject to shortcomings and limitations, of particular relevance in the case of Greece: ...


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