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Greece

German Industrialist President Involved in Armament Scandal

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...

Greek Ship-owner Matantos Released on Bail

  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...

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...

Blast Outside former Greek Defense Ministry Official

A minor explosive device went off on Wednesday evening outside the northern Athens suburb residence of a former Defense Ministry official who has been convicted for a major corruption scandal, police said. The blast caused small material damage, but no...

Government proposal for submarine probe

The ruling Pasok Parliamentary group will submit a proposal to set up a preliminary examination committee to investigate money-laundering allegations included in the case file of sub-standard German-made submarines purchased by the Hellenic Navy when Akis Tsohatzopoulos was minister...