Greece

Justice Minister Stavros Kontonis announced on Friday, that an amount of 4.3 million euros has been deposited in a special account opened at the Bank of Greece for the Greek government, involving armament matters. The corruption investigators had...

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...

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,...

New incriminating evidence has come to light in the Greek armaments bribery scandal, implicating many state employees, politicians and businessmen. A list found during a search of Dimitris Papachristos’ office, former representative of German weapons manufacturer Krauss Maffei-Wegmann, points to...

Three more people were arrested on Tuesday under the suspicion of bribing Greek military officials for armament purchases. Greek weapons merchant Konstantinos Dafermos, along with his son and his close associate, were arrested for bribing Greek government officials to purchase kornet anti-tank missiles,...

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...

Yiannis Beltsios, an intimate associate of the former Greek Defence Minister, Akis Tsochatzopoulos who was jailed for 20 years in October for money-laundering and accepting bribes for armaments procurement, is in pre-trial custody after a decision by the investigator...

Hellenic Police (ELAS) are continuing their investigation on the murder of lawyer Michalis Zafeiropoulos, while mainly focusing on two men between 30-40 years old, possibly of Albanian nationality. According to evidence collected, the two men seem to have had an...

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 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...

Former Greek Prime Minister Costas Simitis and current PASOK leader Evangelos Venizelos condemned former Defense Minister Akis Tsochatzopoulos as witnesses at the Court of Appeals on Wednesday. Tsochatzopoulos, who serves a lengthy sentence for money laundering, has made an appeal...

Leader of People's Orthodox Party (LAOS) Giorgos Karatzaferis is facing serious charges of money laundering and receiving kickbacks from arms supplies during the tenure of Akis Tsochatzopoulos as Defense Minister. Karatzaferis is facing three felony charges if the probe conducted...

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...

Greek businessman Panayiotis Efstathiou, a key suspect in the German arms bribery scandal, has returned about 2.5 million euros to the Greek state. According to his attorney Michalis Dimitrakopoulos, Efstathiou deposited 2,552,435 euros in accounts of the Greek state to...

Former Greek Defense Minister Yannos Papantoniou, accused of falsely declaring his wealth – a first-degree felony – was released on 100,000 euros bail. His wife Stavroula Kourakou, also accused of tax evasion, was released on 50,000 euros bail. Papantoniou appeared...