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Tag Archives: money

Kaili admitted she asked father to hide money; over 20mln in Panama bank

Greek MEP and former EP vice president Eva Kaili admitted under questioning in Belgium that she had asked her father to hide part of the money that was in her home, Brlgian media “Le Soir” and “Knack”as well as Italian “Republica” reported. The media noted that Kaili has “partially confessed”, …

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Kaili hearing postponed for next week; remains in custody

The pre-trial hearing of MEP Eva Kaili has been postponed to December 22, media in Greece report from Brussels on Wednesday afternoon. She did not  appear at the hearing, where it will be decided whether she will remain in custody or be released on conditions. The postponement has been confirmed …

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Police officer arrested for stealing money from migrants

A police officer was arrested on Friday for stealing money belonging to two migrants at a pre-detention in Peloponnese. According to a police announcement on Saturday, the officer  was serving in the pre-departure detention center for migrants in Corinth in southern Greece and was arrested ror theft and breach of …

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German FinMin Scholz to block €970mn for Greece at Eurogroup

German finance minister Olaf Scholz (SPD) plans to block the release of 970 million euros for Greece at the Eurogroup meeting in Brussels on Monday. According to an internal memo of the German Finance Ministry obtained by daily Handelsblatt, the Eurogroup should postpone its decision [for the money release] at …

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Govt’ abolishes rent subsidy for cabinet members without seat in Parliament

The Greek government has submitted an amendment that abolishes rent subsidies to ministers and deputy ministers that do not have seats in the Parliament. The amendment has been submitted on Wednesday evening and will be voted later on Thursday. The abolishing of the rent subsidies will go into effect retrospective …

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How the ECB plunders Pension Funds and Deposits

Are you one of the few chosen ones with euro savings at the bank? Are you shocked every time you go get your “profit” from the interest rates to see a handful of coins landing in your purse?  You complain to the bank and get the standard answer “There is …

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Tsipras speak of WWII loan & SIEMENS bribes, Merkel of Reforms

The joint press conference by German Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras in Berlin had a strong conciliatory tone. Both sides stressed the importance of dialogue, cooperation and mutual trust. However each side focused on the issue dear to it with Germany to insist on the reforms …

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Where did Greece’s bailout money go? Mostly to the lenders…

There is much talking about debt forgiveness and haircut lately with many economists (finally!) wondering where did the bailout money for Greece go. “Just 10% from the two bailouts totalling €252 billion went into public spending,” UK-based NGO Jubilee Debt Campaign has found out. “London-based pressure group Jubilee Debt Campaign, …

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Former PASOK Minister to return €230K in SIEMENS bribes

Former Transportation Minister Tasos Mantelis (PASOK) has decided to return the money he is being accused to have received as bribe by SIEMENS in order to receive reduced punishment. According to Greek media, Mantelis has declared to give 450,000 DM (230,000 euro) to public revenues office in order to enjoy favorable …

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