Greek businessman Kyriakos Griveas and his wife Anastasia Vatsika surrendered themselves to Scotland Yard in London shortly after Wednesday noon, Greek media report. The couple was sought by Greek police for ‘red loans’ it had received from the Hellenic Postbank. An international arrest warrant had been issued as the couple …
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Media owner Kontominas released on mammoth bail of 5 million euro
Owner of private Alpha TV Dimitris Kontominas was released on a mammoth bail of 5 million euro. Furthermore he has been prohibited from traveling abroad and he should check at a local police station twice a month. After a marathon meeting the members of judicial council decided to allow Kontominas …
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1:3 Greek public hospital doctors have huge assets – tax free –
Surprise? Certainly not! Every Greek and foreigner living in Greece has been known for years, in not for decades, that one has to put several banknotes in an envelope (fakelaki) and discretely hand it to the doctor of a public hospital. Now the financial Crimes Units (SDOE) have found out …
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Former Hellenic Postbank CEO Philippidis arrested in Turkey
Former CEO of Hellenic Postbank Aggelos Philippidis was arrested on Friday night in Turkey, according to Greek media. Initial reports say that he was arrested due to an Interpol international arrest warrant and that Turkish police located him via to his mobile phone and a credit card move. He has …
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7 arrest warrants against bank executives & businessmen over Greek Postbank bad loans
Three people were arrested and police are seeking another four after the anti-corruption prosecutor issued at least 7 arrest warrants over suspected loans from Hellenic Postbank. The loans worth 400-500 million euro were given in the period between 2006 and 2011. Former CEO and bank staff, several Greek and Cypriot …
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EUobserver: bailout advisers to Troika – the multi-million unholy business with austerity
Who are the advisers to Troika who rule over our austerity-hit lives? In Greece, in Portugal, in Ireland, in Cyprus and Spain? How do they get the jobs and the contracts? How much are they being paid to ruin the lives of citizens in the European South? What are their …
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Ex Greek FM claims “we tapped US-ambassadors in Athens & Ankara” as media picture the super bug on US-embassy roof
The wonderful world of spying friends and foes is being unfolded with the NSA scandal, a world equipped with super modern surveillance units and lay light years away from the fictitious and exaggerated reports of Graham Greens’ local informants and spies. The NSA scandal reveals that US-friends have not only …
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Samaras to force 35K ‘unamarried daughters’ to get married as he cuts their pensions
They are some 35,000 unmarried daughters across the country. When we say ‘daughters’ here, do not necessarily think of impoverished teenager girls. They are mostly -meanwhile – middle aged women, daughters of civil servants and of members of the Greek Armed Forces. Women who have remained unmarried in order to …
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UPD: Privatization Fund CEO Stavridis resigns over lear jet scandal
CEO of Greece’s Privatization Fund Stelios Stavridis submitted his resignation late on Sunday after Finance Minister Yiannis Stournaras asked him to do so. Stavridis did not mention the reason for his resignation. Citing government sources, Greek media report that Stavridis’ resignation was a matter of political ‘ethics’. KTG reported earlier …
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Passionate Greece: Minister in love hires girl friend. Should he resign?
A scandal? Oh, dear! One more, one less does not make any difference in this country of Greeks and cheerful orange trees. Really. Honestly. Simos Kedikoglou, minister in charge of media, got a girl friend. “So what?” one should ask. “So nothing,” one should answer. If it wasn’t this juicy …
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Greek PM Samaras announces lowering of V.A.T. via incredible ops! video
Greeks were literally stunned on Wednesday to hear prime minister Antonis Samaras speaking on television. No, they didn’t stun to hear that the Value Added Tax in catering will be lowered from 23% down to 13% as of 1. Agust 2013. They were stunned to hear the prime minister saying …
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SD: German Railways (Deutsche Bahn) bribed Greek authorities
German Railways (Deutsche Bahn) shut down its office in Athens due to a bribe scandal, German daily Sueddeutsche Zeitung reports on Tuesday. Citing investigation findings from the prosecutor’s office in Frankfurt, SD notes that “Deutsche Bahn subsidiary in Greece is said to have “diverted” 315,000 euro to bribe contract givers.” …
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Offshore-Leaks: Yummy revelations for 130K names from 170 countries hiding billions of euro
A cooordinated effort by investigative journalists in 46 countries reveal the well-kept secrets of the rich. I mean “well-kept” until recently. Then now, the identities of 1,000 holders of anonymous wealth hidden in offshore- and tax-paradises have been exposed. And this seems to be only the start of a broader …
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Major political scandal: Cypriot banks write-off loans to politicians
A major political earthquake shakes Cyprus after a list containing names and written-off loans by banks was handed out to the Parliament. Politicians from three major parties and government officials took loans from the Bank of Cyprus and Cyprus Popular Bank (Laiki) and had them written-off after having paid back …
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Insane EU: Bank depositors in panic as they pay for Cyprus €10bn bailout
Bank depositors will have to finance 60% of the 10-billion-euro bailout for Cyprus agreed between European Union and International Monetary Fund in Brussels in the early morning hours of Saturday. Eurozone ministers force depositors at Cypriot banks to pay a one time levy to raise 6 billion euros. The so-called “emergency …
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Seven more Greek ‘beef’ products found with horse DNA; 2 imported from Holland & Romania
Greek Food Control Agency (EFET) order the withdrawal of seven meat products after testes proved they contained horse DNA. The products are salami, sausages, kebab and frozen meatballs, produced in Northern Greece and Crete or imported from the Netherlands ( company NL 687 EG* distributed via German DEMKA) and Romania (company LeFruMarine S.R.L.). As the products …
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Greece finds horse DNA in imported Salami and locally produced Kebab
Greek National Food Control Authority announced Friday that two more tested samples of “beef” were found to contain horse DNA. The first sample was found in minced meat ‘kebab’ prepared by a local producer, while the second sample was found in salami imported from Holland. Both samples were taken from …
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Scandal: salaries of 8 board members of Greek FSFcost €785,000 per year
Despite the economic crisis, the revenues missing the targets and the millions of citizens hardly making ends meet, there is always money for party officials and Greece’s “friends”. A copy from the Government Newspaper, the official press organ where government decisions are published, appeared on Tuesday afternoon on Greek internet. …
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Grand Racehorses in your Ravioli and Burger?
Yuck! The horsemeat scandal gets more and more disgusting. Not that eating “anonymous” horses for beef would be less disgusting… Famous horse Synchronised, Irish-bred, British-trained Thoroughbred racehorse, a specialist in long-distance steeplechaser, was euthanized after an injury and apparently disposed for horsemeat. “The owner of a slaughterhouse that disposes of horses …
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Two jobs, €6,200 net/m: Greek FinMin official supporting lowering minimum wage (lol)
The issue of further lowering the minimum wage in Greece takes tragicomic features. Not only because the government reassures through Finance Minister Yiannis Stournaras, that there won’t be any further lowering below €586 gross (€480 net) per month, even though EU Monetary commissioner Olli Rehn said a revision was planned …
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