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corruption

Undeclared Labor Stands at 25% of GDP in Greece

The undeclared labor rate in Greece stands at 25% of the official gross domestic product, as 30% of Greeks have bought undeclared goods and services, says an International Labor Organization report. Greeks spend an average of 750 euros each per year...

Poor Protection of Ownership One Reason Foreigners Do Not Invest in Greek Real Estate

One of the reasons foreigners do not choose to invest in Greek real estate is the poor protection of the right of ownership by the state, a report says. In comparison to other European nations, Greece ranks very low in...

Greek Officials go to Germany to Train for Battling Tax Evasion, Corruption, Contraband

A mission of 25 top officials from the Ministry of Finance, the General Secretariat Against Corruption and the Special Secretariat for Financial and Economic Crime Unit (SDOE) are leaving for Germany on July 10 for special training and exchange of...

Greece Ranks 4th in Corruption Among Developed Nations

Greece ranks fourth on the list of most corrupt developed nations in a study conducted by Business Insider using data from Transparency International and the Organization for Economic Co-operation and Development (OECD). The survey was conducted among the richest democratic...

Greek Gov't Bill on Lawmaker Offshore Companies Repealed After Causing Uproar

A new bill that would allow lawmakers and active politicians to own offshore companies is to be repealed by the government after creating an uproar in Greece, and even prompted a reaction from the government-friendly leftist newspaper, Avgi.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

Greece at Risk of Losing Funds Earmarked for Battling Corruption

Greece might lose funds that have been allocated for tackling corruption, said Drago Kos, international commissioner in the independent Monitoring and Evaluation Committee. According to a Kathimerini daily report, Kos spoke in a conference on Corporate Responsibility in the International...

Debate on Corruption in Greek Parliament Left Us None the Wiser

It is obvious why Prime Minister Alexis Tsipras called this extraordinary parliamentary session on corruption at a time when everything else in Greece is in shambles. The much-advertised meeting in parliament was nothing more than a smokescreen to divert...

Greek-Australian Tennis Player Kokkinakis Approached to Fix Matches

A few days after the BBC’s report of alleged widespread corruption in the sport of tennis, Greek-Australian tennis player Thanasi Kokkinakis has stated that he was approached with the intent to fix matches. While being interviewed the young player said...

Greek Bosnian Tennis Player Banned for Life from the Sport

Alexandros Jakupovic was handed a lifetime ban by the Tennis Integrity Unit, having been found guilty on five different corruption charges. Jakupovic had already been found guilty on November 12th but the ban was announced on Friday. “The lifetime ban takes immediate...

Greek President Pavlopoulos: 'Corruption the Most Dangerous Enemy to Democracy'

On the occasion of the International Day against Corruption, Greek President Prokopis Pavlopoulos on Wednesday received the head of Transparency International Greece, Costas Bakouros, at the presidential mansion. Pavlopoulos described corruption as the most dangerous enemy to democracy. Apart from...