offshore companies

Prime Minister Alexis Tsipras addressed a meeting of the cabinet on Thursday. He expressed the expectation that the European Central Bank (ECB) will decide on a waiver to allow it to accept Greek bonds as collateral after the review...

Greek Parliament held a vote on the amendment to a recently passed omnibus bill that allowed politicians to own shares in firms based abroad. The blanket ban on any form of ownership by MPs in offshore companies was passed...

A new bill that would allow lawmakers and active politicians to own offshore companies is to be repealed by the government after creating an uproar in Greece, and even prompted a reaction from the government-friendly leftist newspaper, Avgi. The reactions had caused...

The "Panama Papers" scandal has caused huge turmoil in the global financial and political community, since renowned personalities are included on the list of offshore companies. Some Greeks who appeared to have issues with Justice in the past, are also...

Former Greek Ministers and long-standing PASOK MPs Vasso Papandreou and Kostas Laliotis declared that "any audit is welcome," commenting in response to headlines of Greek newspaper "Proto Thema," according to which the Financial Crime Unit is about to conduct an urgent...

More than 23,000 foreign and offshore companies have developed profitable activity in Greece over the last thirty years. Data released by the Greek newspaper “TA NEA” show that most foreign and offshore companies acquired a Greek taxpayer identification number (TIM)...

According to Famagusta Gazette, about 20 foreign-owned banks operating in Cyprus warned that they would quit their operations on the island if the government proceeded with a new taxation of their annual turnover. The new austerity package aiming to aid...