Europe

The Financial and Economic Crime Unit are investigating German automakers based in Greece. The Greek tax authorities are investigating tax fraud of automakers like Mercedes, Opel, BMW. According to the Director of Financial Crime controls, Floratou, the reason for the...

After long negotiations, Greece and Switzerland are reportedly set to sign an agreement that would give the ailing Greek government access to information about accounts held in Swiss banks by Greek citizens. The document was detailed in the the German...

European Union finance ministers adopted unanimously a proposal requiring governments to share information on tax rulings, in an effort to stop corporate tax evasion by multinationals, during a meeting in Luxembourg. According to the political agreement achieved in today’s Ecofin,...

The European Union and International Monetary Fund, who, along with the European Central Bank, make up Greece's Troika of lenders of last resort, have issued a report damning the country's tax collection system as broken. To indicate the size of...

Greek Deputy Culture and Tourism Minister Angela Gerekou (photo) submitted her resignation Monday over her spouse's ongoing tax debts. Her husband, a famous local singer, is said to owe about EUR5.5 million in back taxes, fines and accumulated interest. "The Prime...

​The Norwegian Nobel Committee has awarded the 2022 Nobel Peace Prize to human rights advocate Ales Bialiatski from Belarus, the Russian human rights organization Memorial, and the Ukrainian human rights organization Center for Civil Liberties. ​" demonstrate the significance of...

Credit Suisse managed accounts for clients involved in corruption and drug trafficking, Sunday's "Suisse Secrets" data leak showed. A self-described whistle-blower leaked data on more than 18,000 bank accounts, collectively holding more than $100 billion, to the German newspaper Süddeutsche...

Greece submitted its national recovery plan to the European Union aimed at helping repair the economic damage caused by the pandemic.

The German magazine, Der Spiegel made a tribute to the Greek female prosecutors Popi Papandreou, Eleni Raikou and Euterpe Goutzamanis for their services. A recent article in the German magazine ranked Popi Papandreou and Eleni Raikou among the new brave...

An article was published in the German newspaper Bild entitled “The Greeks are richer than us,” in which a journalist justifies his opinion explaining various reasons of how he has developed this opinion. “The figures are official. The average wealth...

The German economist and former member of the European Commission’s Task Force for Greece, Jens Bastian proposes an international summit for the Greek debt, similar to the one organized in 1952, which will link the debt’s “haircut” with certain...

The EU auditors together with the Greek government, posed  the question of raising the Greek VAT on food on the agenda of discussions. According to a European Commission study, the Greek government collects around €15 billion a year from...

The German magazine Der Spiegel claims that while Greek Prime Minister Antonis Samaras' government is about to pass a $17.45 billion spending cut and tax hike plan and fire thousands of public workers that people close to him are...

Victoria Hislop is a best-welling British author of "The Island and The Thread" books, stories of which take place in Greece. She first visited Greece on holiday almost 30 years ago and she still remembers that summer heat upon her arrival. Her Greek...

The brochure for this year’s European Week in Hamburg (May 2-14) includes – not surprisingly – an article on Greece’s finances and the effort to escape the crisis. During European Week, there will be a series of events, lectures...