Greece

Corruption prosecutors raided a few days ago the house of former finance minister Yiannos Papantoniou, as part of a probe into armament programs carried out while he was head of Greece's defence ministry in the early 2000s. A parliamentary committee...

It was an awkward moment when former PASOK Ministers, including Prime Minister Costas Simitis, met at the Court of Appeals as witnesses in the trial of former Defense Minister Akis Tsochatzopoulos who is imprisoned for receiving substantial armament kickbacks. Simitis,...

Greek National Defense Minister Panos Kammenos said on Monday he wants to reopen all cases dealing with armament procurements, recent and old, and would seek to bring people who cheated the Greek state of millions of euros to justice. In...

According to a recent article in the German newspaper, Der Spiegel, the president of the Federation of German Industries (BDI), Ulrich Grillo might be involved in the Greek armament and bribery scandal. The article claims that Grillo may have been implicated during his tenure...

The Greek parliament's Committee on Armament Programs and Contracts revoked its agreement to sell military equipment to Saudi Arabia, in an unprecedented move by the body. The arms deal had been approved by the Government Council for Foreign Affairs and...

The two parties in Greece's ruling coalition, SYRIZA and ANEL, on Friday tabled a joint proposal for a special Parliamentary committee to conduct a preliminary investigation into former minister Yiannos Papantoniou, focusing on armament programs carried out while he...

The Greek government has achieved a 3.5 billion euro primary surplus in the first seven months of 2016, exceeding the target of 2.7 billion euros. According to data from the finance ministry, the primary surplus is a result of freezing...

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...

The Greek prosecutor handling former Defense Minister Akis Tsochatzopoulos' appeal has requested to summon the members of the Government Council of Foreign Affairs and Defense (KYSEA) during his tenure. The prosecutor requested that the court summons former Prime Minister Costas Simitis, former...

Greek politician and LAOS party leader Giorgos Karatzaferis, who faces charges of filing inaccurate wealth statement as well as money laundering, will be examined by a tribunal, was decided late on Wednesday by the relevant Parliamentary Committee. The decision to examine...

The trial of former Greek Defense Minister Akis Tsochatzopoulos that was due to begin on Friday, was postponed for October 23. The court ruled that the court room was not big enough to seat all 16 persons involved in the case. The 75-year-old...

Former Defense Minister Akis Tsochatzopoulos is expected to be transferred today from Korydallos Prison to the Athens Appeals Court to attend the second-degree proceeding of his trial. Tsochatzopoulos is imprisoned for receiving millions of euros in kickbacks from Greek...

Vicky Stamatis’ petition to be released from prison was denied by the five member Court of Appeals. The court unanimously denied Stamatis’ petition, after the prosecutor’s suggestion to refuse her exit from the prison. Vicky Stamatis, the wife of former...

  A new piece of the puzzle in the case of the German submarines armament programs regarding the distribution of briberies was added today. Michael Matantos, representative of the German company Ferrostaal in Greece, who is charged with money-laundering and...

This Thursday will see a new round of pleas, after the imprisonment of Akis Tsochatzopoulos, Euphrosyne Lampropoulos, Asterios Economides, Nikolaos Zigras and George Sachpatzidis, who allegedly were involved in bribes from two armament programs and the laundering of that...