Greece

Greek Parliament held a vote on the amendment to a recently passed omnibus bill that allowed politicians to own shares in firms based abroad. The blanket ban on any form of ownership by MPs in offshore companies was passed...

A new bill that would allow lawmakers and active politicians to own offshore companies is to be repealed by the government after creating an uproar in Greece, and even prompted a reaction from the government-friendly leftist newspaper, Avgi. The reactions had caused...

More than 23,000 foreign and offshore companies have developed profitable activity in Greece over the last thirty years. Data released by the Greek newspaper “TA NEA” show that most foreign and offshore companies acquired a Greek taxpayer identification number (TIM)...

Greece's Financial and Economic Crime Unit (SDOE) has located two offshore companies in Cyprus which belong to a member of Golden Dawn. This member also appears to be connected with the funding side of the party. SDOE has also found...

The Inter-regional Audit Center in Athens (DEK Athens) is closely inspecting 218 offshore companies, resulting from a document forwarded to the Parliament by Deputy Finance Minister George Mavraganis, after questions from SYRIZA MP's. The MP's invoked the ICIJ (International Consortium...

A research carried out by journalists all around the world and considered one of the most comprehensive ever on the topic, reveals a lot of new information about the people behind the anonymity of offshore companies. This project’s aim was...

Six companies express interest for the 66 percent stake in Greece's natural gas grid operator DESFA, the country's privatisation agency said on Monday. The interested investors are: Macquarie Infrastructure and Real Assets; a consortium of Italy's Snam, Belgium's Fluxys, Dutch-based...

The U.S. Securities and Exchange Commission (SEC), the supervisory authority of the U.S. capital markets, has recognized the “Hellenic Exchanges–Athens Stock Exchange S.A. (ATHEX) as a “Designated Offshore Securities Market (DOSM)” within the meaning of Rule 902 of Regulation...

Representatives of energy companies that are active in the exclusive economic zone of Cyprus met on Tuesday morning with the country's President, Nicos Anastasiades, and expressed their commitment in their offshore investments. In particular, President of Cyprus Nicos Anastasiades met...

Weekly Greek newspaper, Proto Thema, revealed that article 178 of the omnibus bill passed through in Greek Parliament on May 22 permits government ministers to own their own off-shore companies provided their headquarters are based in countries that Greece...

"All names contained in the Paradise Papers will be scrutinized on the basis of the law," said government spokesman, Dimitris Tzanakopoulos on Tuesday, in light of the recent revelations. "Paradise Papers" are 6.5 million documents that reveal that there are...

According to the Greek daily Ethnos, more than 130 Greek names appear to be linked to offshore companies and are included in the Paradise Papers. The Paradise Papers include 13.4m files that compromise of details of how the world’s biggest...

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...

Three Greek public prosecutors led by Financial Crime Prosecutor Panagiotis Athanasiou filed an official request with Panama prosecution authorities, asking for information regarding the bank accounts of Greeks listed in the so-called 'Panama Papers'. The three prosecutors went to The...