corruption
Economy
Siemens Signs Deal With Greece, Settling Scandal Contracts
The German engineering giant Siemens has concluded an agreement with Greece, agreeing to pay an eventual $212.5 million to settle a scandal in which the company admitted paying nearly $512 million in bribes to Greek politicians in return for...
Business
European Commission approves funding for construction project in the Peloponnese
Today the European Commission approved 252 million Euros of funding for the construction of a motorway in the Peloponnese. The total amount of the investment is estimated at 296 million Euros and is a joint investment of the private,...
Greece
New Democracy tells voters: we fed you, now you have to vote for us
A video leaked recently via the Internet reveals during an assembly of the local committee of New Democracy in Kilkis, a city in Northern Greece, municipal leaders asking the rank and file to find those who "were fed" by...
Europe
Eurodeputy Cohn Bendit Holds German and French Companies Equally Responsible for Greek Corruption
“What really bothers me is the conclusion that Greece is a corrupted country. But who else is corrupted? Which were the French and German companies that did business in Greece? To whom did we sell weapon systems? Even now,...
Greece
Fakelaki, Rousfeti and the 4-4-2 System
While the Greek Finance Minister Evangelos Venizelos appears to be shocked with Mr Diomidis Spinellis' declaration that Greek tax officers, play the 4-4-2 football system a.k.a tax evader gets a discount of 40 per cent on the agreed fine-...
Greece
Big Mac Phenomenon in Relation to Greece’s Tragedy
Soccer club owner Makis Psomiadis – one of Greece’s most wanted men- was arrested after the anti-terrorist squad raided a luxurious villa in south Attica rented by Psomiadi’s friend, a thirty-eight year old former beauty Queen and model. For...