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Greece

Former PASOK Ministers to be Investigated by Financial Crime Unit

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...

Financial Crime Unit Found € 5.2 Billion Account

The Financial Crime Unit (SDOE) in cooperation with the financial prosecutors are auditing the 64 discs given by Greek banks containing data on bank deposits for the period 2000-2012. The authorities will first examine bank accounts with deposits over 100,000 euros and later accounts...

Cyber-crime Police Warn Greeks About International Spam Calls and Texts

The cyber-crime division of the Greek Police (CCD) warned Greek citizens on Wednesday not to answer cellphone calls or SMS text messages by phone numbers with the prefixes 00387 and 00960, as they are being used by cyber criminals...

Greek Finance Ministry: 20% of Inspected Businesses Commit Financial Violations

The Greek Finance Ministry's General Secretariat of Public Revenue released information on Wednesday regarding financial inspection efforts across the country from the past few weeks. Out of 5,031 inspected businesses between August 10 and August 16, 1.027 were found committing financial violations. This amounts to 20.41%...

Greece Included in Video of Top 10 Crimes Caught on Google Earth

A YouTube channel uploaded a video featuring the top 10 crimes that have been caught on Google Earth. The list included prostitutes, drug dealers and thieves who were caught by authorities across the world thanks to Google’s satellite program. One of...

Financial Crimes Increased by 41.6% in First Quarter of 2014

A Greek Police report on crime during the first quarter of 2014 showed a dramatic increase of 41.6% in financial crimes and a drop of 21.5% in crimes such as thefts, robberies, break-ins and homicides. According to the Greek Police report, compared to...

Independent Greeks MP's Immunity Lifted

Greece’s Parliament decided on Wednesday January 22, to lift the immunity of the Independent Greek MPVassilis Kapernaros, but not of the deputies Miltiadis Varvitsiotis and Argyris Dinopoulos. According to Christos Markogiannakis, who presided at the voting, about 230 deputies took...

Greece Goes Easy On Financial Criminals

Frantic for cash, Greece is considering a plan to reduce prison sentences for people convicted of financial crimes to two to three years maximum - if they repay everything they stole. The list includes money launderers, tax evaders, fraudsters, smugglers...

SDOE Eyes 36 Pols For Money Crimes

Greece's financial crimes squad SDOE is reportedly looking at a raft of top-ranking politicians in Greece for possible unlawful enrichment, but the leak of the 36 names has set Greek officials on a hunt to find who did it....

Turkish TV Series Help Greeks Forget Financial Crisis

Athens Reuters made an extensive and thorough report on Turkish drama TV series dominating daily Greek TV programmes, with more and more Greeks becoming enthusiastic over the neighboring country’s products. Beginning the report with an Athens taxi driver, his Turkish...

Greek Police Dismantles International Drug Ring, 1.18 Tons of Cocaine Seized

Greek police have dismantled an international drug trafficking ring after confiscating 1.18 tons of cocaine in Astakos in the prefecture of Aitoloakarnania, after a long joint operation among several law enforcement agencies . The traffickers are believed to have systematically...

Disgraced Former Minister Tsochatzopoulos Now Supports Syriza

In his first major TV interview since he was released from jail former Defense Minister Akis Tsochatzopoulos came out in support for SYRIZA. Tsochatzopoulos a former prominent cabinet member in the Panhellenic Socialist Movement (PASOK) governments was charged of receiving...

Former Defense Minister Tsochatzopoulos Released from Prison

Former Defense Minister Akis Tsochatzopoulos was released from prison on Thursday afternoon on account of ill health. "My torture is over," Tsochatzopoulos told reporters upon his release. He accused former PASOK prime ministers Costas Simitis and George Papandreou for his...

The 38 'Hot' Measures Required for Greece's Bailout Agreement

The Greek government tabled a new draft bill in parliament that includes several painful measures and reforms, required for Greece's third bailout deal. The government filed the "Draft Agreement for Financial Assistance from the European Stability Mechanism and adjustments for the implementation of...

Top Greek Businessman Pays €1.8 Mln After Arrest for Unpaid Taxes

One of Greece's top businessmen, Ellaktor Managing Director Leonidas Bobolas, appeared before a public prosecutor after his arrest by the Financial Crime Unit today, accused of major tax evasion but was subsequently released after paying the sum of 1.8 million euros,...