Calamos Supports Greece

Akis Tsochatzopoulos

Get Your Greek Arrest Scorecard Right Here!

Ho-hum, another day in Greece, another arrest. A hundred here and a hundred there and pretty soon you're talking real numbers. A quick calculation shows that at this rate, the government will have arrested every person in the country...

New Defense Bribery Scandal Arrests

New arrests were made today in the case of bribes for defense equipment contracts. The police have arrested Sotiris Emmanouil and Ioannis Mpeltsios. Sotiris Emmanouil was an executive of the Hellenic Shipyards in Skaramagas, Athens. According to allegations, he received...

Greece Revising Defense Bid Procedures

As a corruption scandal in the Greek Defense Ministry has widened to implicate top military officials, the government said it would change the way contracts are let and awarded. Defense Minister Dimitris Avramopoulos said he's making the revision to “safeguard...

Greek Former Army Officials Implicated in Arms Bribery

Greek businessman Panayiotis Efstathiou, a key suspect in the German arms bribery scandal testified today in front of the investigator. Leaks from his testimony have caused an uproar in the Armed Forces, with two former chiefs implicated in the...

German Arms Bribes Suspect Talks

The widening scandal in the Greek defense ministry is set to take another turn on Jan. 2 when a key suspect, Panayiotis Eftathiou, said to be a middleman between Greek officials and German arms manufacturers is set to testify...

Events that Devastated Greece in 2013

Racial attacks, murders, deaths of children, closed universities, doctors on strike, terrorist attacks, unethical employers, trials and harsh sentences, is an image of Greece during 2013 that most people will unfortunately have. The following are the most important events that...

German Firm Paid Greek Defense Bribes

The representative of a German company doing defense contract deals with Greece has reportedly admitted that the company paid bribes to officials - some of whom are now being probed - but dismissed it, saying it took place "many...

Greek Former Deputy Manager of Armament Arrested

Antonis Kantas, former deputy general manager of armament, during 1996-2002 (with Minister of Defense Akis Tsochatzopoulos and then Yannos Papantoniou), was arrested for the second time. He is now accused of money laundering. Kantas will submit his defense Tuesday. Kantas...

Vicky Stamati Facing Depression

When Vicky Stamati married Akis Tsochatzopoulos years ago, she probably didn’t foresee the difficult times ahead. It has been a month since she has been hospitalized in Dafni, and according to her doctors she is dealing with a severe...

Tsochatzopoulos Won't Accept Verdict

Former Greek defense minister Akis Tsochatzopoulos, who was found guilty on Oct. 7 of money laundering and corruption charges, was sentenced to 20 years in jail. Tsochatzopoulos claims that the court verdict was affected by secret interventions made by powerful...