Tag Archives: bank accounts

An unprecedented expression of support to help 18-month old Panagiotis-Rafail suffering from a rare neuromuscular disorder. In just three weeks, Greeks donated so far approximately 2.3 million euros to help the toddler to receive a life-saving drug. The mobilization started after the Greek Supreme Health Council rejected the parents’ request …

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“Investigation is welcomed, I have nothing to hide,” former Prime Minister Costas Simitis said in a short statement issued on Wednesday just hours after daily Ta Nea revealed that the anti-money laundering authorities have ordered the opening of Simitis’ and his close relatives. “Relevant publications focus on slander. And I …

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Rapid developments in the scandal around Swiss pharmaceutical Novartis, as corruption prosecutor asks banks in Greece to open the accounts of ten politicians, former prime ministers and ministers, allegedly involved in the scandal as well as the accounts of their spouses and adult children. In a letter to all Greek …

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Greece has taken further steps to ease the capital control restrictions as of 1. March 2018. Euclid Tsakalotos has approved a series of measures that ease the restrictions, the decision has been already published in the official gazette. The measures raise among others the monthly withdrawal limit and allow the …

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Greece is preparing two more measures to ease restrictions for Capital controls imposed in the country since end of June 2015.  One of the measures will be the raising of monthly withdrawal cap and other will affect opening of new accounts at the banks. According to media reports on Friday, …

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“The Novartis case is the tip of a big iceberg, one of the many reasons that led the country to bankruptcy,” deputy Health Ministry, Pavlos Polakis said on Thursday. The 85 billion euros of “black” money from drugs overpricing and illegal wages in the period from 1991 to 2010 make …

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Chief financial prosecutor Panayiotis Athanasiou on Thursday ordered local lenders to freeze the bank accounts of businessman Andreas Vgenopoulos in connection to a probe regarding allegations of tax evasion. The order also called for Vgenopoulos to lose access to his safe deposit boxes. The move was part of a preliminary …

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Finally. The granny that ruined Greece with invading taxes and almost ruined the eurozone as well has been caught. And fined. A juicy fine for a granny in central Greece who decided to sell vegetables in the open market of Trikala in Central Greece without permission. Tax inspectors in Greece …

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The end of cash money. Or something in this direction.  Although we’ve heard of similar measures in the recent past, this time Greek tax authorities and financial ministry authorities are serious: they will accept only electronic receipts so that taxpayer will build the amount of the expenses needed to enjoy …

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Greek General Secretariat of Public Revenues calls on debtors to go settle their debts or they will see their money disappear from their bank accounts. The mercy period for “confiscations” that was imposed due to capital controls is over and the GSPR officials will now just grab money from deposit …

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For thousands of Greek debtors the month of November did not start well. As of today, Monday, November 2nd 2015, thousands of debtors are at risk to foreclosure, evictions and confiscation of everything they own. Under certain circumstance the “first residence” is still under protection and thus until the end …

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The Greek authorities will try everything to get back to the banks what depositors withdrew before the capital controls were imposed on June 29th 2015. The financial ministry and its high-ranking state officials and interim government ministers are determined and will try everything to get the money back to the …

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The time of truth has come. The time of financial and economic truth. Greek Finance Ministry will collect all possible and impossible information from citizens via data that banks, private clinics, private schools, insurance companies, utility and telephone companies will send to it. By March 31st 2014, all these will …

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What we have been reading about the decision that the Greek finance ministry may grab money from bank accounts without the holder’s permission came true. A Greek jobless, father of three,  saw his last 129 euro disappear from his bank account and thus without previous warning or his explicit permission. This …

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That’s juicy! The rumors are so strong that the parliamentary committee in charge of the lawmakers assets has asked the Financial Crime Combat Unit to provide information and verify or clear the rumors. Object of investigation is a  former conservative of the conservative wing with allegedly 178,000,000 euros in bank accounts. What a …

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