Switzerland

Greek-British Costas Takkas is one of the FIFA officials who were arrested on Wednesday in Switzerland on charges of corruption. Takkas is a former general secretary of the Cayman Islands football association and has worked as an advisor to CONCACAF...

Greece is not one of the countries that have asked Swiss authorities to release on the web the names of suspected tax evaders who have bank accounts in Switzerland. Switzerland has started uploading on the internet the names of Swiss...

Families in Greece pay more taxes and social security contributions than any of the 34 OECD member-countries. According to a study conducted by the Organization for Economic Co-operation and Development (OECD), single people in Greece pay less taxes than families. The study...

A Swiss senior banker who was among the key suspects in the so-called Siemens scandal as well as in armament programs scandals is currently being held in custody in Greece, as the country's media pressed earlier today. An international arrest...

Swiss banks will not give the Greek government information on Greek depositors who are suspected of tax evasion, said a high-level official of the Financial Crime Unit (SDOE). According to Swiss legislation, banks are not obligated to provide information on...

“The Greek government has done nothing for a year to recover supposedly untaxed assets of Greek citizens in Switzerland. There is an invitation extending from 2014 by the Swiss Secretariat for International Financial Matters (SIF) to track the money and...

The Cypriot government's emphasis is now turned toward a “Cypriot Reform Program,” aiming to fulfill the necessary structural reforms and set the foundations for a long-running sustainable growth in order to attract foreign investments and create the country’s new...

Speaking at the World Economic Forum in Davos, Switzerland, yesterday, German Chancellor Angela Merkel appeared confident that Greece will continue on the road of responsibility concerning its agreements with the country’s European partners. “We hear from Greece that the vast majority...

The President of the Republic of Cyprus, Nicos Anastasiades, will attend, along with other European leaders, the 45th Annual Meeting of the World Economic Forum (WEF) that will be held in Davos, Switzerland, between January 21 and 24. According to a...

An unexpected development came out earlier today from the Swiss National Bank (SNB). More than three years of stability (since 2011) between the European currency and the Swiss franc just ended today, when SNB abandoned attempts to cap the...