Court of Auditors
Economy
EU Auditors Criticize Handling of Greek Bailout Programmes
The EU handling of the Greek debt crisis successfully imposed reforms and avoided a catastrophic default by Greece, but failed in ensuring Athens could stand on its own feet financially, an EU auditor's report said on Thursday.
"These programmes promoted...
Crime
Greek Party Leader Karatzaferis to be Prosecuted for Financial Crimes
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...
Greece
Cuts on Greek Public Sector Employees' One-Off Benefit Illegal
Thousands of former public sector employees found justice after it was deemed that the cuts on the one-off financial benefit (EFAPAX) were unconstitutional, and against the state’s obligations to ensure every citizens’ social security.
While the Greek government announced that...
Greece
Tsochatzopoulos Fined 613,000 Euros
Former Greek defense minister Akis Tsochatzopoulos, being tried on money-laundering and corruption charges and already given an eight-year sentence for failing to declare his wealth, now has been fined 613,000 euros ($809.9 million) by the Court of Auditors after...