Greece is anticipating the delivery of the initial batch of heavyweight torpedoes for its Papanikolis-class Type 214 submarines, which are considered the most technologically advanced vessels in the Hellenic Navy. The delivery is expected to take place in December, following a delay of 12 years. The Hellenic Submarines Command, based …
Read More »
FM Dendias raises “German WWII reparations, halt submarines sales to Turkey” to counterpart Baerbock
Greek Foreign Minister Nikos Dendias raised the issue of WWII reparations for the Nazi occupations of Greece and asked his German counterpart Annalena Baerbock to halt exports of submarines to Turkey. At a meeting of the two top diplomats in Athens on Friday morning and during joint statements, Dendias said …
Read More »
Greece’ Defense Ministry requests extra funding for submarines overhaul
Greece’s Defense Ministry on Friday submitted an amendment to the Parliament requesting additional financing of some 23.475 million euros for the completion of overhauls in four submarines and two gunboats at Skaramangas and Eleusis Shipyards, respectively. €20.1 million will cover the servicing costs of both the submarines and their escort …
Read More »
Submarine kickbacks: 21 defendants receive redeemable prison sentences
A three-member Appeal Court in Athens announced the penalties for 21 defendants who have been found guilty to be involved in the famous Greek-German scandal of Submarines kickbacks. The court imposed prison sentences to 20 of the defendants as the 21st, a French-Swiss banker, is on the run. The former …
Read More »
Ex Defense Minister Tsochatzopoulos, his wife and daughter to return to prison
Ex Defense minister Akis Tsochatzopoulos, his wife Vicky Stamati and his daughter Areti Tsochatzopoulou will have to return to prison, the five-member Court of Appeals decided on Tuesday. The second instance court opened the prison door to Tsochatzopoulos and nine more defendants on the case of “golden bribes” for the …
Read More »
Ex Defense Minister Tsochatzopoulos released from prison after 5 years
The five-member Court of Appeals for Felonies decided to release from prison former PASOK Defense Minister Akis Tsochatzopoulos due to health reasons.Akis Tsochatzopoulos was convicted to 20 years imprisonment for bribes and money laundering. Total time he spent in prison is five years. By a majority of three to two …
Read More »
German companies paid €62m in bribes for defense contracts
A new scandal alleging bribes totaling €62 million paid for armament contracts have been revealed by Deputy Defense Minister Nikos Toskas. The case involves two German companies, 12 Germans and unspecified number of Greek officials in the Defense Ministry. Talking to To Kokkino FM on Friday, Toskas revealed that there …
Read More »
Ex Defense Minister Akis Tsochatzopoulos gets 20 years imprisonment
The judges spoke in the case Akis Tsochatzopoulos and the famous submarines bribes: the former Defense Minister of PASOK received a prison sentence of 20 years. The court imposed the highest sentence for money laundering cases. Tsochatzopoulos has to stay in prison at least seven years. He was arrested one …
Read More »
Ex Defense Minister Tsochatzopoulos on trial for money laundering
With boos but also applaud the crowd outside the Athens Appeals Court ‘welcomed’ former Defense Minister Akis Tsochatzopoulos and his wife Vicky Stamati. Together with 17 other suspects, the couple enter the court room in handcuffs. It is the first time in Greece a key figure of the Greek political …
Read More »
Independent: France and Germany to Blame for Greece Crisis
As Greeks wait for a second eurozone rescue package to finally be agreed in Brussels today, many are blaming Germany and France for encouraging and benefiting from some of the much-criticised profligate spending which reduced Greece to near bankruptcy. Do France and Germany have a share on the Greek …
Read More »
Greek Parliament Votes in Favor of Prosecuting ex-Defense Minister on German Submarines Case
Greek Parliament decided with a large majority to proceed to prosecution charges against former Defense Minister, Akis Tsochatzopoulos on two offenses and to refer him to Judicial Council. 242 lawmakers accepted in a secret vote the findings of the Special Parliamentary Committee investigating the purchase of German submarines and allegedly …
Read More »
Athens: People protest outside Ex Ministers’ House (pcts, video)
About 1,500 people gathered outside the house of former minister Akis Tsochatzopoulos and shouted slogans like “Thieves, thieves!” and “Aki, bring the money back!”. The rest of the slogans were really …inspiring however a translation would not bring the rhyme spirit into English. Some protesters left massages at the house entrance urging him …
Read More »