George Alogoskoufis is a Professor of Economics at the Athens University of Economics and Business since 1990. He was a member of the Hellenic Parliament from September 1996 with the conservative New Democracy party until October 2009 and served as Greece’s Minister of Economy and Finance from March 2004 until January 2009.
Back in 2004, he ordered a fiscal audit, which revealed significant falsification of the Greek deficit statistics by the previous government of PASOK. He openly accused the previous Prime Minister, Costas Simitis (1996 – 2004), of misrepresenting the Greek economy’s statistics and knowingly covering up the extent of the country’s debt. He also claimed that at that same period the fiscal debt had increased dramatically.