Calamos Supports Greece

Antonis Kantas

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...

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...

Ex-Greek Defence Official Returns Bribes

A former Greek government official who admitted taking about $16 million in bribes more than ten years ago to wave through arms contracts, has returned 7 million euros of the money to the state, the finance ministry said on...

German Company Representative Arrested for Bribes

According to Greek news sources, police have arrested 78-year-old arms dealer Dimitris Papachristos, on charges of bribing Greek officials in order to receive lucrative arms contracts. He was a representative during the year 2000 of the German company Krauss-Maffei Wegmann (KMW)....

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...

Former Defense Ministry Official Shed Light on Bribes

Antonis Kantas, the former Deputy Manager of Armaments, during his long-lasting testimony on Monday, gave investigators information about alleged bribes paid to secure procurement contracts as well as the names of several more suspects, some of whom could be...

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...