Calamos Supports Greece

Bribery

Three More People Arrested in Connection with Greek Military Bribery Scandal

Three more people were arrested on Tuesday under the suspicion of bribing Greek military officials for armament purchases. Greek weapons merchant Konstantinos Dafermos, along with his son and his close associate, were arrested for bribing Greek government officials to purchase kornet anti-tank missiles,...

Businessman Arrested for Greek Navy Armament Kickbacks

Well-known businessman Thomas Liakounakos was arrested at 10 pm on Monday on charges of involvement in Greek Navy armament kickbacks. Liakounakos is involved in managing 1.6 billion euros stemming from the purchase by the Greek government of four aircraft and...

German Corporations in Alleged Financial Scandals in Greece

Several big German corporations are allegedly involved in corruption in Greece as former executives are to appear in Greek courts, according to an AFP report. Siemens, Daimler, Rheinmetall have allegedly bribed Greek politicians in order to get contracts in the...

OECD: Greece Must Act to Fight Foreign Bribery

The Organisation for Economic Co-operation and Development (OECD) in a recent report highlighted Greece's urgent need to improve its mechanisms to fight companies bribing foreign officials in order to win contracts. The OECD highlights that Greece should not only tackle...

Attempted Bribery Case of Greek MP Shelved by Prosecutor

The attempted bribery case involving financial adviser Giorgos Apostolopoulos and Greek MP Pavlos Chaikalis was shelved by the prosecutor due to inconclusive evidence. At approximately 7:00 pm today, the case that shook Greece 's political scene during the last week, ended with appeals prosecutor Panagiotis Panagiotopoulos...

SYRIZA Leader Tsipras Sternly Attacks Greek PM Samaras

SYRIZA leader Alexis Tsipras on Sunday sternly attacked Prime Minister Antonis Samaras and Bank of Greece (BoG) governor Yannis Stournaras at his address to his party's meeting in Alexandroupolis, northern Greece. Tsipras called Samaras "Prime Minister of the cafe,"...

Greek PM Samaras to Take Legal Action Against Bribery Allegations in Presidential Vote

The Greek Prime Minister’s office announced on Friday night that Antonis Samaras would be taking legal action against Independent Greeks (ANEL) after its leader, Panos Kammenos, and MP Pavlos Chaikalis alleged that there was an attempt to bribe the latter so...

Former Greek PM Mitsotakis: 'The Elections Will Take Place at a Time of Disarray'

President of the Hellenic Republic Karolos Papoulias met with New Democracy honorary President and Former Prime Minister Konstantinos Mitsotakis. The two men discussed Greece’s current situation and Mitsotakis expressed his concern about the difficult phase the country is going through. Over the last few days, Mitsotakis...

Rheinmetall Fined for Greek Armament Deals

Rheinnmetall, a German arms and defense systems supplier, received a 37.1-million-euro fine for bribing Greek officials. A company representative is being accused of bribing officials in Greece in order to close armament deals. The prosecutors from Bremen, Germany, who were researching the case,...

Prosecutors File Charges Against 16 Greek Football Officials

Criminal charges for felony, misdemeanor and conspiracy from a criminal organization offenses against 16 Greek football officials, including referees, members of the Hellenic Football Federation (EPO) and one of the country's most popular football clubs' chairman, in relation to...