corruption

Greece Improves on Corruption List

Greece's image in terms of corruption is at long last beginning to improve. The country has now moved up one spot on Transparency International's Corruption Perceptions Index (CPI) for 2020, which ranks countries by their corruption levels as perceived by...

Cypriots Furious Over Allegations of Corruption

Hundreds of people gathered in Nicosia on Wednesday to protest the alleged widespread corruption among politicians and lawyers surrounding the Golden Visa program. Politicians, including the president of the Cyprus Assembly, are under pressure to resign following the Al Jazeera...

Greece Improves Corruption Perception Ranking

Greece significantly improved its corruption perception ranking in the index published by the Transparency International organization in 2019, scoring 48 points out of 100 and placing in 60th position worldwide. As recently as the year 2018, Greece had scored 45...

Spending Galore: Government Continues Tradition that Bankrupted Greece

Greek Prime Minister Alexis Tsipras has unleashed a barrage of promises to voters very much like those that brought him to power in 2015. With European Parliamentary and local governmental elections approaching in May, and national elections looming in autumn,...

Greece Seen as Second-Most Corrupt Nation in the EU

Greece is second from the bottom among EU countries in this year’s Corruption Perceptions Index, which was released by the organization "Transparency International" on Tuesday. At the very bottom of the EU nations studied, Bulgaria scored 42, which is one...

Witness: I Helped Jailed Greek Ex-Minister Send €2.5 Million Abroad

A civil engineer who testified prior to the arrest of former minister Yiannos Papantoniou and his wife Stavroula Kourakou on money laundering charges, told prosecutors that he had helped the couple transfer €2.5 million in cash abroad. Papantoniou and his...

Former Minister Papantoniou Held in Custody on Money Laundering Charges (video)

Yiannos Papantoniou, a prominent political figure who was previously served as the country's defense minister and finance minister, was taken into custody late on Tuesday on charges of money laundering. The arrest followed a marathon deposition which began on...

Occupations at High Risk of Money Laundering in Greece

Realtors, lawyers, accountants, notaries, members of the banking industry, high-end retailers, and money transfer agents are in the high-risk money laundering group in Greece, according to a Finance Ministry report. The report entitled "National Money Laundering and Terrorist Financing Risk...

Greeks the Most Unhappy Citizens in Europe

Greeks are the least satisfied with their lives among citizens in Europe, according to a report in the electronic version of German financial magazine WirtschaftsWoche. The report is based on a survey of Greek citizens conducted for the annual Atlas...

Greece Must Continue Anti-Corruption Fight, Official Warns

Greece has been advised to clean up its act on corruption and transparency by the Council of Europe. In particular, the Greek government needs to tighten up its rules on party-political funding, lobbying and relationships between the judicial and executive...