Calamos Supports Greece

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Defense Scandal Prompts More Oversight

The Greek government said it will overhaul contract awarding procedures and place defence contracts under increased parliamentary oversight following a corruption scandal in which at least 10 high-ranking military officers have been implicated for taking bribes to approve contracts...

German Firm Raided Over Bribery Claims

Two prosecutors from the German city of Bremen and a Greek judicial official last week raided the offices of Rheinmetall Defence Electronics in Athens as part of an investigation into alleged tax offenses and the payment of bribes...