The siemens bribery scandal in greece government
Siemens,
Greece settle decade-long bribery scandal
German electronics giant Siemens and Greece have reached a 270-million-euro ($336 million) deal to end a decade-old bribery scandal, the finance ministry said Thursday.
Siemens will hand over 90 million euros to the Greek government to help it fight corruption and 80 million euros to help it pay off debts.
parliament
The Greek government last year demanded compensation from the German giant which has admitted keeping a slush fund to obtain foreign contracts.
While the deal, agreed to by the cabinet, settles the question of "administrative fines", it does not close the door to judicial prosecution.