Andreas Georgiou

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Andreas Georgiou
Andreas Georgiou March 2017.jpg
President of the Hellenic Statistical Authority (ELSTAT).
In office
August 2, 2010 – August 2, 2015
Personal details
Alma materAmherst College (B.A.)
University of Michigan (Ph.D.)

Andreas Georgiou (Greek: Ανδρέας Γεωργίου, born Patras, 1960) is a Greek economist. On 2 August 2010 he was appointed as President of the Hellenic Statistical Authority (ELSTAT).[1] On 2 August 2015, he surprisingly resigned from office with immediate effect.[2][3]


He completed his secondary education in Athens College, and studied at Amherst College, where he received his Bachelor of Arts (Summa Cum Laude) in Economics and in Political Science-Sociology. He went on to receive his Ph.D. in Economics from the University of Michigan with specialization in monetary theory and stabilisation policy as well as in International Trade and Finance.

From 1989 to July 2010 he was staff of the International Monetary Fund (IMF). He has been head of missions, responsible for the preparation, negotiation, and monitoring of economic programs with IMF member countries. From March 2004 to July 2010 he was deputy division chief in the IMF Statistics Department. During that period, among other things, he led the work of the statistical program for the methodological development and dissemination of new indicators of stability of financial systems (Financial Soundness Indicators). He has taught economics at the University of Michigan and as a visiting professor at the University of Economics in Bratislava. In addition, he has conducted seminars and courses in statistical methodologies for IMF staff as well as state officials of more than 120 countries.

In July 2016, the Greek Supreme Court upheld charges against Georgiou for having harmed the "national interest",[4] with a possible sentence of up to 10 years in prison.[5][6]

In June 2018, the Supreme Civil and Criminal Court of Greece ('Aeropagus') sentenced him to two years on probation for violation of duty for not submitting in November 2010 the revised 2009 deficit and debt statistics of Greece for approval before transmitting them to Eurostat.[7][8] On 18 September 2018, during a Special Meeting on National Statistical Offices’ Professional Independence: Threats and Responses immediately prior to the XVI International Association for Official Statistics Conference in Paris, a special Commendation was awarded to Mr. Georgiou by six major international statistical organizations. This Commendation was given to "acknowledge Andreas Georgiou‘s upholding of the highest professional standards in his public service in the pursuit of integrity of statistical systems".[9]

Georgiou's prosecution has been denounced as a violation of scientific freedom and human rights by the American Statistical Association's Committee on Scientific Freedom and Human Rights[10] and the editorial board of The Economist.[11] The Financial Times reported, "The case has sparked outrage from economists and statisticians worldwide who believe Mr. Georgiou has become a scapegoat for Greece's political class."[12]

See also[edit]


  1. ^ Bio of Georgiou from the Hellenic Statistical Authority site, archived 2011
  2. ^ 3. August 2015: Athener Börse öffnet wieder - und stürzt ab
  3. ^ Kathimerini 2. August 2015: Αποχωρεί από την ΕΛΣΤΑΤ μετά τη λήξη της θητείας του ο Ανδρέας Γεωργίου
  4. ^ 1331/2016 (Supreme Court refers Andreas Georgiou with felony charges (2nd August 2016))
  5. ^ Greece to press ahead with criminal trial for ex-statistics chief
  6. ^ 3 August 2016: Defizit zu hoch? Statistiker verklagen! (translated: deficit too high ? Bring the statistician to trial!)
  7. ^ Top court upholds suspended prison sentence for former statistician
  8. ^ 80 Former Chief Statisticians Condemn Prosecution of Andreas Georgiou
  9. ^ "Commendation of Andreas Georgiou" (PDF). Retrieved 2018-12-27.
  10. ^ [1]
  11. ^ Called to account (3rd September 2016)
  12. ^