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Madame Merkel's Rule Goes Viral

The Moscow Times depicted the crisis in Cyprus and the Eurozone with the image of a faux Renaissance painting with all the major protagonists, with the focus on German Chancellor Angela Merkel dressed as a tavern woman. The picture...

Greece Gets Access To Bank Accounts

As the government steps up its goal to collect from tax cheats, officials of the Financial Crimes Unit (SDOE) will have direct online access to Greek bank accounts as of March 19, looking for evidence that can be used,...

Papaconstantinou Relatives Won't Testify

The relatives of former Finance Minister George Papaconstantinou, whose names were deleted from a list of 2,062 Greeks with $1.95 billion in secret deposits in the Geneva, Switzerland branch of HSBC that hasn't been checked for tax evasion have...

Greece Charges 3 Ex-Ministers For Hiding Wealth

Greece's intensified crackdown on corruption, which has already led to  life sentence for a former mayor and eight years in jail for a former intensified has now reached three more ministers who have been charged with failing to report...

Greek Bank Account Checks For Tax Cheats

With tax revenues far off expectations despite big tax hikes, Greece now is going to probe the bank accounts of suspected tax cheats and those believed to involved in money laundering, corruption and other crimes. That came in the wake...

Two Ex-Ministers Didn't Declare Wealth

Former PASOK Socialist Defense Minister Yiannos Papantoniou and former New Democracy deputy Economy and Finance Minister Petros Doukas from the New Democracy Conservative party are to face charges in civil court they didn’t declare all their wealth, as required...

Athens Mall Bombing Raises Terrorism Stakes

The detonation of a bomb at the Athens Mall, the country's largest shopping center may have been the work of at least four people and has raised fears that terrorism is escalating in the wake of more austerity measures...

Greek Politics: The Worst Show on Earth

As political freak shows go, you just can't beat Greece, especially when the Three-Ring Circus known as the Parliament in session, if only to see workers paid thousands of euros a month walking around handing out glasses of water...

IMF Says Greece Needs More Money

With the ink on a new loan deal not even dry, an official from one of Greece's international lenders said that once again the country's need for money has been underestimated and more assistance is needed because loans and...

Greek MP's OK Bank List Probe of Papaconstantinou

By a wide margin, the Greek Parliament in the early morning hours of Jan. 18 voted to have  former finance Giorgos Papaconstantinou investigated over charges of removing the names of three relatives from a list of Greeks with secret...