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Switzerland

Swiss Banker Involved in Bribery Scandals in Greek Custody

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 Release Information on Suspected Greek Tax Cheaters

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...

Die Welt: The Greek Gov't Ignored 800 Bln In Black Money Transferred to Swiss Banks

“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...

Cypriot President Anastasiades: Growth Strategy Is Our Main Concern

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...

German Chancellor Merkel: We Aim to Keep Greece in the Eurozone

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...

Cypriot President Anastasiades to Attend Annual World Economic Forum in Davos

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...

'Black Thursday' for 60,000 Greek Borrowers of Swiss Banks

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...

“Greek Wine” Austrian Performer Dies in Switzerland

Udo Jurgens, a great Austrian musician, died on Sunday, December 21, at the age of 80. “He was a great Austrian who wrote music history and expressed people’s feelings and hopes,” said Austria's Federal President, Heinz Fischer, in an...

Athina Onassis Puts Down Horse after Tragic Fall

The heiress to Aristotle Onassis’ fortune, his granddaughter Athina Onassis suffered a devastating fall during the qualifying competition for the 54th CHI international horse show jumping tournament in Geneva, Switzerland. Athina Onassis was in the middle of her routine when...

Spyros Louis Silver Olympic Cup Exhibited in Lausanne

The silver cup awarded to Spyros Louis, the first Marathon Winner at the inaugural Modern Olympic Games in Athens in 1896, is exhibited at the Olympic Museum in Lausanne. The formal presentation of the silver cup took place on Sunday,...