Featured Greece

Chinese Investors Look to Greece for Controversial ‘Golden Visas’: Report

Wealthy Chinese nationals are increasingly obtaining so-called “golden visas” from the Greek government despite concerns that such arrangements open the door for money launderers, The National Herald reported Sunday. Under Greek regulations, investors who buy land, property or securities worth at least €250,000 can obtain visas that include residency permits and… Read More

French banker on trial in Greek corruption case goes missing

AP – A French banker on trial for money-laundering in Greece over arms procurements went missing from home arrest on Tuesday after breaking his electronic tag, the Greek justice ministry said. Jean Claude Oswald, who is among defendants facing charges related to kickbacks paid for the acquisition of submarines by… Read More

Greece: Drones used to spot tax cheats on Santorini

AP — Tax authorities say they have used surveillance drones in Greece for the first time to spot violations on Santorini, where tourists were allegedly being taken on boat tours of the island’s sea-filled volcanic crater without getting receipts. Greece’s Independent Authority for Public Revenue said… Read More
29th August 2018
Greek authorities have arrested two aid workers and are investigating a total of 30 from the same organization on the island of Lesbos on suspicion they smuggled migrants into Greece, spied and laundered money, police said on Tuesday. Police said in a statement the suspects, 24 foreign nationals and six… Read More
16th July 2018
AP — A Greek court agreed Friday to extradite a Russian cybercrime suspect to France, a decision the Russian government protested and which could further sour relations between the two countries after Greece expelled two Russian diplomats. The court in the northern city of Thessaloniki ruled in… Read More
15th June 2018
Greece’s Supreme Court ruled on Thursday against the extradition of a whistleblower at the centre of a Maltese corruption scandal, judiciary sources said. Malta has issued two extradition requests for Maria Efimova, a Russian who stirred a political scandal over allegations of wrongdoing at Maltese-registered Pilatus Bank. Daphne Caruana Galizia,… Read More
13th April 2018
A Greek court on Thursday ruled against extraditing a former bank employee who ignited a political scandal in Malta when she became a source for an investigative journalist who was murdered last year. Maria Efimova, a Russian who left Malta for Greece last year with her family, surrendered to Greek… Read More
21st March 2018
A Russian whistleblower linked to the murdered Maltese anti-corruption blogger Daphne Caruana Galizia has handed herself in to Greek police. Former bank employee Maria Efimova left Malta for Greece last August and is now at an Athens police station. Caruana Galizia named her as a source when she alleged that… Read More
25th February 2018
The Greek parliament has voted to investigate 10 prominent politicians, including two ex-prime ministers, over allegations they allowed bribery by the Swiss pharmaceuticals company Novartis. Under Greek law, only parliament can investigate its own members and lift their immunity. The vote followed a 20-hour debate, in which PM Alexis Tsipras… Read More
15th November 2017
By REUTERS Greece’s Supreme Court adjourned an appeal hearing on Wednesday for the extradition to the United States of a Russian suspected of masterminding a $4 billion bitcoin laundering ring. Alexander Vinnik is accused of running BTC-e — a digital currency exchange used to trade bitcoin — to facilitate crimes… Read More
11th October 2017
11 October 2017 By Karolina Tagaris, REUTERS A Greek court on Wednesday backed the extradition to Moscow of a Russian citizen who also faces being sent to the United States on allegations of laundering billions of dollars in bitcoin. Alexander Vinnik, the suspected mastermind of a $4 billion (£3.03 billion)… Read More
4th October 2017
By Karolina Tagaris, REUTERS 4 October 2017 A Greek court cleared the way on Wednesday for the extradition to the United States of a Russian, also wanted by Moscow, suspected of laundering billions of dollars in digital currency bitcoin. Alexander Vinnik, the alleged mastermind of a $4 billion (£3… Read More
11th July 2017
At least three businesses were forced to suspend operations for at least 48 hours due to tax irregularities in popular tourist destinations. Officers of the Independent Authority of Public Revenue are intensifying inspections on businesses during the high tourist season in a number of Aegean islands where tax evasion is… Read More