Calamos Supports Greece

Akis Tsochatzopoulos

Mayors Top Hidden Assets List

The chief of Greece's anti-corruption agency said a review of declarations of wealth by municipal officials has found that dozens of mayors have filed inaccurate reports but didn't say if they would be prosecuted. Panayiotis Nikoloudis, who is the Supreme...

No Funds To Fight Greek Corruption

While Greek Prime Minister Antonis Samaras has been touting his push to cut down the level of corruption in Greece - the highest in the European Union - an anti-graft chief hired last summer said he's still waiting for...

Kantas Faces More Corruption Charges

Former Greek Defense Ministry deputy director of armaments Antonis Kantas, the star witness in a massive scandal at the agency, is still being prosecuted, on charges of receiving a 250,000 euro bribe from a retired military officer which he...

It's Easy To Find The Greeks Who Can't Steal Straight

There’s so many scandals in Greece that you need a scorecard to keep them straight and they all involve politicians, businessmen and connected people who thought, often with much justification that either they were too smart to get caught,...

Swiss Grill Zigras Over Greek Bribery Schemes

Swiss judicial authorities are visiting Greece to take testimony in cases involving alleged money laundering in banks in Switzerland where banking and government officials have so far refused to lift the veil of secrecy over accounts there, said to...

New Evidence, Prosecutions in Armaments Bribary Scandal

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...

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 Prosecutors to Interrogate Tsochatzopoulos

The Greek prosecutors leading the investigation into the defense contract bribery scandal seem to have run down new evidence that will shed even more light on their investigation. Prosecutors Gavriil Mallis and Yiannis Stavropoulos have managed to get access to...

Defense Scandal Prompts More Oversight

The Greek government said it will overhaul contract awarding procedures and place defence contracts under increased parliamentary oversight following a corruption scandal in which at least 10 high-ranking military officers have been implicated for taking bribes to approve contracts...

Former Chairman in Custody for Submarine Scandal

Sotiris Emmanouil was detained for his part in the submarine scandal after his formal statement to the Magistrate Gavriil Mallis. Emmanouil was an executive and former president of the Hellenic Shipyards in Skaramagas, Athens when Akis Tsochatzopoulos was Minister in...