World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Greek Prosecutors Focus on Corruption at the Top
Keywords:
Tags:
A loan scandal at Post Hellenic Bank cost the bank $678 million. The CEO of Pos Hellenic Bank, Angelos Filippidis, recklessly approved loans without guarantees according to prosecutors in Greece. He is now in a Turkish jail awaiting extraditon to Greece after being arrested in a Istanbul hotel. Eleni Raikou, and Popi Papandreou, are the two leading Athens prosecutors conducting the investigations. Three deals for submarines, tanks and aircraft cost $6.8 billion and are said to be purchased at inflated prices. These deals are being investigated. It is this widespread corruption in the political elite in Greece that has drawn the ire of Germans when considering the request for new loans to prevent a bankruptcy in Greece in 2011-2012. Especially because ordinary Germans have accepted lower wages to bring down the once high unemployment rate.
Greece - Swiss bank accounts, embezzlement cases, and corruption
06/24/2010
Grouped Articles
Former Greek Defense Minister Convicted of Graft
Wall Street Journal 10/07/2013
BusinessWeek 06/24/2010
Greek Prosecutors Focus on Corruption at the Top
New York Times 01/18/2014
Britain Fails to Find Riches It Expected in Swiss Accounts
New York Times 08/01/2014
In Greece, Bailout May Hinge on Pursuing Tycoons
New York Times 02/26/2015
Official's Cousin Steps Down Amid Probe
Wall Street Journal 01/03/2013
Greece's prosecutors and tackling corruption in Greece- 2013-2015
10/07/2013
A new turn in Greece in 2013-2014 as prosecutors independent of political leaders and the government take up corruption cases in Greece. For decades corruption in the political elite has not been tackled. A executive of Post Hellenic Bank, who recklessly approved $700 million in loans, is one of the business leaders being prosecuted. As austerity measures affect all classes of society the government has less authority or inclination to intervene. Prosecutors are acting independently as a parallel authority with public support.
Grouped Articles
Greek Prosecutors Focus on Corruption at the Top
New York Times 01/18/2014
Former Greek Defense Minister Convicted of Graft
Wall Street Journal 10/07/2013
In Greece, Bailout May Hinge on Pursuing Tycoons
New York Times 02/26/2015
Greece- convictions of public officials for graft and corruption
10/07/2013
Grouped Articles
Former Greek Defense Minister Convicted of Graft
Wall Street Journal 10/07/2013
Greek Prosecutors Focus on Corruption at the Top
New York Times 01/18/2014
In Greece, Bailout May Hinge on Pursuing Tycoons
New York Times 02/26/2015
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us
