Calamos Supports Greece

Bribery

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...

Greek Prosecutors Call 64 Involved in Siemens Scandal

Greek financial crime prosecutors handling the Siemens bribery scandal have completed their 2,368-page long proposal on the case, recommending that 64 involved individuals face criminal charges of active and passive bribery along with money laundering, as well as illicit...

Greek Health Minister Voridis: Tougher Penalties for Reneger Doctors

His will to impose tougher penalties for offenses related to the health sector announced earlier today Greek Health Minister Makis Voridis, noting that instances of patients' blackmailing or doctors' bribery, which are currently categorized as misdemeanors, will be treated as...

Clinic Director Arrested for Bribery

The Director of the Gynaecological Clinic of "Agios Dimitrios" hospital in Thessaloniki, Greece, was been arrested earlier this morning, as he demanded a payoff in order to proceed with one of his patient's surgery. The doctor, who asked for...

Greek Tax Official and Accountant Arrested for Bribery in Athens

A 57-year-old female employee of the Greek government agency responsible for tax collection and tax law enforcement and an accountant were arrested for bribery in Athens. The tax officer had approached an 80-year-old businessman who wanted to close his business and clear...

Greek Gynecologist Goes to Jail for Bribery

A gynecologist working in Filiates hospital was sentenced to a two years in prison for accepting a 300 euro bribery, or “fakelaki” (envelope) as the Greeks call it, in order to perform an unnecessary surgery to a 83-year old...

Two Corfu Police Accused of Blackmailing Bet Shop Operator

Two police sergeants in Corfu and a third man were arrested May 5 on charges of involvement in illegal activities. The two officers, aged 42 and 45, have been charged with breach of duty, blackmail and bribery, while the 49-year-old man stands accused of complicity with blackmail...

99% of Greeks Believe Widespread Corruption Exists

The first European Commission report against corruption found that 99% of Greeks believe there is widespread corruption in their country. According to the report on Greece, anti-corruption bodies are put under pressure in the same way the Greek government is...

Former Chairman in Custody for Submarine Scandal

Sotiris Emmanouil was detained for his part in the submarine scandal after his formal statement to the Magistrate Gavriil Mallis. Emmanouil was an executive and former president of the Hellenic Shipyards in Skaramagas, Athens when Akis Tsochatzopoulos was Minister in...