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Siemens Greek Bribery Scandal
The Siemens bribery scandal in Greece is a corruption and bribery scandal in Greece over deals between Siemens and Greek government officials during the 2004 Summer Olympic Games in Athens, Greece regarding security systems and purchases by OTE in the 1990s. Although there is no conclusive evidence, the scandal has created a serious change in the attitudes of the Greek public, most notably a dissatisfaction with both main political parties in Greece, New Democracy (Greece), New Democracy and Panhellenic Socialist Movement (PASOK) and creating a "hole of authority" leading to a vicious circle of political instability. It has been claimed that the bribes may have been up to 100 million Euro. These bribes were allegedly given in order to win state contracts. It has been indicated that a few PASOK members acting as individuals may have been involved, although this is simply a claim and nothing has been proven or at least any evidence come to light. A Greek prosecutor, after two year ...
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Political Corruption
Political corruption is the use of powers by government officials or their network contacts for illegitimate private gain. Forms of corruption vary but can include bribery, lobbying, extortion, cronyism, nepotism, parochialism, patronage, influence peddling, Graft (politics), graft, and embezzlement. Corruption may facilitate criminal enterprise, such as drug trafficking, money laundering, and human trafficking, although it is not restricted to these activities. Over time, corruption has been defined differently. For example, while performing work for a government or as a representative, it is unethical to accept a gift. Any free gift could be construed as a scheme to lure the recipient towards some biases. In most cases, the gift is seen as an intention to seek certain favors, such as work promotion, tipping in order to win a contract, job, or exemption from certain tasks in the case of junior worker handing in the gift to a senior employee who can be key in winning the favor. ...
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Michalis Christoforakos
Michalis is a Greek masculine given name. People with the name * Michalis Agrimakis (born 1992), Greek footballer * Michalis Alexandropoulos (born 1972), retired Greek male indoor volleyball and beach volleyball player * Michalis Arkadis, Greek football club president * Michalis Attalides, Cypriot academic, former civil servant and diplomat * Michalis Avgenikou (born 1993), Greek footballer * Michalis Bakakis (born 1991), Greek footballer * Michalis Bastakos (born 1996), Greek footballer * Michalis Boukouvalas (born 1988), Greek footballer * Michalis Bousis (born 1999), Cypriot footballer * Michalis Charalambous (born 1999), Cypriot footballer * Michalis Chatzis (born 1978), Greek footballer * Michalis Chrisochoidis (born 1955), Greek politician * Michalis Christofi (born 1969), retired Cypriot football goalkeeper * Michalis Delavinias (1921–2003), Greek footballer * Michalis Dorizas (1886–1957), Greek athlete * Michalis Fakinos (born 1940), Greek writer * Michalis Fani ...
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2008 Scandals
8 (eight) is the natural number following 7 and preceding 9. Etymology English ''eight'', from Old English '', æhta'', Proto-Germanic ''*ahto'' is a direct continuation of Proto-Indo-European '' *oḱtṓ(w)-'', and as such cognate with Greek and Latin , both of which stems are reflected by the English prefix oct(o)-, as in the ordinal adjective ''octaval'' or ''octavary'', the distributive adjective is ''octonary''. The adjective ''octuple'' (Latin ) may also be used as a noun, meaning "a set of eight items"; the diminutive ''octuplet'' is mostly used to refer to eight siblings delivered in one birth. The Semitic numeral is based on a root ''*θmn-'', whence Akkadian ''smn-'', Arabic ''ṯmn-'', Hebrew ''šmn-'' etc. The Chinese numeral, written (Mandarin: ''bā''; Cantonese: ''baat''), is from Old Chinese ''*priāt-'', ultimately from Sino-Tibetan ''b-r-gyat'' or ''b-g-ryat'' which also yielded Tibetan '' brgyat''. It has been argued that, as the cardinal num ...
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2004 Summer Olympics
The 2004 Summer Olympics (), officially the Games of the XXVIII Olympiad (), and officially branded as Athens 2004 (), were an international multi-sport event held from 13 to 29 August 2004 in Athens, Greece. The Games saw 10,625 athletes compete, some 600 more than expected, accompanied by 5,501 team officials from 201 countries, with 301 medal events in 28 different Olympic sports, sports. The 2004 Games marked the first time since the 1996 Summer Olympics that all countries with a National Olympic Committee were in attendance, and also marked the first time Athens hosted the Games since their first modern incarnation in 1896 Summer Olympics, 1896 as well as the return of the Olympic games to its birthplace. Athens became the fourth city to host the Summer Olympic Games on two occasions (together with Paris, London and Los Angeles). A new medal obverse was introduced at these Games, replacing the design by Giuseppe Cassioli that had been used since 1928 Summer Olympics, 1 ...
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Germany–Greece Relations
The Germany–Greece relations have existed in their current legal form since 1951, when the Federal Republic of Germany resumed diplomatic relations with initially twelve countries. Greece has an embassy in Berlin and five General Consulates in Hamburg, Munich, Düsseldorf, Stuttgart and Frankfurt. Germany has an embassy in Athens and a General Consulate in Thessaloniki. Both countries are full members of the Organization for Security and Co-operation in Europe, Organisation for Economic Co-operation and Development, European Union, NATO, and the Eurozone. The relationship between Germany and Greece is deeply rooted in history, extending far beyond recent times and reaching back to Roman expansion, when Greek terms entered the German language through Latin. During the Middle Ages, the Byzantine Empire maintained close ties with Western Europe, leaving linguistic and cultural traces. The Renaissance saw a further flourishing of Greek influence, fueled by the Ottoman occupation of ...
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Bribery Scandals
Bribery is the corrupt solicitation, payment, or acceptance of a private favor (a bribe) in exchange for official action. The purpose of a bribe is to influence the actions of the recipient, a person in charge of an official duty, to act contrary to their duty and the known rules of honesty and integrity. Gifts of money or other items of value that are otherwise available to everyone on an equivalent basis, and not for dishonest purposes, are not bribery. Offering a discount or a refund to all purchasers is a rebate and is not bribery. For example, it is legal for an employee of a Public Utilities Commission involved in electric rate regulation to accept a rebate on electric service that reduces their cost of electricity, when the rebate is available to other residential electric customers; however, giving a discount specifically to that employee to influence them to look favorably on the electric utility's rate increase applications would be considered bribery. A bribe is an i ...
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Corporate Scandals
A corporate collapse typically involves the insolvency or bankruptcy of a major business enterprise. A corporate scandal involves alleged or actual unethical behavior by people acting within or on behalf of a corporation. Many recent corporate collapses and scandals have involved some type of false or inappropriate accounting (see list at accounting scandals). List of major corporate collapses The following list of corporations involved major collapses, through the risk of job losses or size of the business, and meant entering into insolvency or bankruptcy, or being nationalised or requiring a non-market loan by a government. List of scandals without insolvency * Australia & New Zealand Banking Group scandal involving misleading file notes in the Financial Ombudsman Service (Australia) presented to the Supreme Court of Victoria. * Australia & New Zealand Banking Group allegations of racial bigotry toward billionaire businessman Pankaj Oswal and his wife. Court was present ...
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2008 In Greece
8 (eight) is the natural number following 7 and preceding 9. Etymology English ''eight'', from Old English '', æhta'', Proto-Germanic ''*ahto'' is a direct continuation of Proto-Indo-European '' *oḱtṓ(w)-'', and as such cognate with Greek and Latin , both of which stems are reflected by the English prefix oct(o)-, as in the ordinal adjective ''octaval'' or ''octavary'', the distributive adjective is ''octonary''. The adjective ''octuple'' (Latin ) may also be used as a noun, meaning "a set of eight items"; the diminutive ''octuplet'' is mostly used to refer to eight siblings delivered in one birth. The Semitic numeral is based on a root ''*θmn-'', whence Akkadian ''smn-'', Arabic ''ṯmn-'', Hebrew ''šmn-'' etc. The Chinese numeral, written (Mandarin: ''bā''; Cantonese: ''baat''), is from Old Chinese ''*priāt-'', ultimately from Sino-Tibetan ''b-r-gyat'' or ''b-g-ryat'' which also yielded Tibetan '' brgyat''. It has been argued that, as the cardinal num ...
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Political Scandals In Greece
Politics () is the set of activities that are associated with making decisions in groups, or other forms of power relations among individuals, such as the distribution of status or resources. The branch of social science that studies politics and government is referred to as political science. Politics may be used positively in the context of a "political solution" which is compromising and non-violent, or descriptively as "the art or science of government", but the word often also carries a negative connotation.. The concept has been defined in various ways, and different approaches have fundamentally differing views on whether it should be used extensively or in a limited way, empirically or normatively, and on whether conflict or co-operation is more essential to it. A variety of methods are deployed in politics, which include promoting one's own political views among people, negotiation with other political subjects, making laws, and exercising internal and external for ...
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Corruption In Greece
Corruption in Greece is considered to be significant, with the country ranking as one of the most corrupt in the European Union according to the Corruption Perception Index. Transparency International stated in 2012 that corruption had played a major role in causing the Greek financial crisis Tax evasion was described by Greek politicians as "a national sport"—with up to €30 billion per year going uncollected, according to a 2012 estimate. A 2016 estimate indicated that between €11 billion and €16 billion per annum were not collectable. Other significant amounts were uncollected due to VAT (sales tax) fraud and smuggling. In 2016, the OECD, Greece and the European Commission launched a project to increase integrity and reduce corruption in Greece through the technical empowerment of the Greek authorities for the implementation of Greece's National Anti-Corruption Action Plan (NACAP). Political corruption is also acknowledged as a significant problem by many observers. T ...
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Siemens Scandal
The of January 1914 involved collusion between several high-ranking members of the Imperial Japanese Navy, the British company Vickers, and the German industrial conglomerate of Siemens AG. It was one of several spectacular political scandals of late Meiji and Taishō period Japanese politics, leading to the fall of the cabinet of Yamamoto Gonnohyoe. Kickbacks in shipbuilding The Japanese navy engaged in a massive expansion program during the late Meiji period and early Taishō period. Many major orders of materiel (such as advanced warships and weaponry) were imported from Europe. Siemens had secured a virtual monopoly over Japanese naval contracts in return for a secret 15% kickback to the Japanese naval authorities responsible for procurement. In 1914, the British firm of Vickers (via their Japanese agents Mitsui Bussan) offered the Japanese naval authorities a more lucrative deal, involving a 25% kickback, with 40,000 yen for Vice Admiral Matsumoto Kazu, the former Ch ...
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Greek Reporter
Greek Reporter is a news organization for Greek people around the world. It functions as a news agency and online portal consisting of a collection of internet news web sites for Greek people and people of Greek descent who live and work in and outside Greece Greece, officially the Hellenic Republic, is a country in Southeast Europe. Located on the southern tip of the Balkan peninsula, it shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to th .... History It was founded in 2008 by Anastasios (Tasos) Papapostolou as Greek Hollywood Reporter, a news portal for the Greek community in the entertainment business. Two years later, the site expanded in order to target all Greek diaspora and changed its name to Greek Reporter. References External links * {{official, https://greekreporter.com Greek news websites Greek diaspora English-language mass media in Greece Greek companies established in 2008 Mass media compa ...
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