Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Mutual funds want commodity ETFs other than gold and silver. But is this feasible?
    • Top Transportation Mutual Funds
    • SEC Publishes Data on Exchange Traded Funds and Fund Mergers; Updated Statistics on Municipal Advisors, Transfer Agents, and Security-Based Swap Dealers
    • Why investors are taking a second look at naira mutual funds
    • Can You Invest in Index Funds on Robinhood? A Beginner’s Guide
    • Is Now the Time To Load Up on Bonds? Vanguard Thinks So
    • Top Mutual Fund SIP Portfolios of 2026
    • Fixed vs. Floating Interest Rates Explained
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Greece’s Mitsotakis blocks probe into ministers over massive EU farm funds fraud – POLITICO
    Funds

    Greece’s Mitsotakis blocks probe into ministers over massive EU farm funds fraud – POLITICO

    August 5, 2025


    Illegal aid

    The EPPO dossier describes a “criminal organization” comprising officials from Greece’s agency for distributing EU subsidies, OPEKEPE, along with individuals and MPs who illegally received EU agricultural subsidies, according to officials who have viewed it. 

    In a 36-page note in English attached to the file, EPPO states that officials at OPEKEPE and the Agriculture Ministry, together with people in business, “acted in an organized manner in order to establish a system of non-controls and obtain or facilitate the receipt of illegal aid.”

    EPPO said former Agriculture Minister Lefteris Avgenakis (center) should face further legal investigation. | Olivier Hoslet/EPA

    “The extent of this fabrication of payment entitlements and the total damage to EU funds has not yet been fully assessed,” EPPO notes. “Nevertheless, at this state of play of the investigation, there are reasonable grounds to believe that it has been a large-scale scheme.”

    Even though the extent of damages has not been assessed, Brussels has ordered Greece to forfeit nearly €400 million in funding — over a fifth of the direct payments it had been due to receive next year.

    EPPO said two former agriculture ministers — Lefteris Avgenakis and Makis Voridis, who later served as state minister reporting directly to the prime minister — should face further legal investigation over the suspected misappropriation of EU funds. They both reject the claims.

    According to the dossier, the then-president of OPEKEPE, Grigoris Varras, described the problem with the fake pastureland in two letters to Voridis in 2020. He was forced to resign by Voridis, who remained in government until this June when he too resigned after the EPPO submitted its dossier to parliament.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Floating-Rate Mutual Funds: Rewards and Risks

    February 5, 2026

    The Best Sustainable Funds and ETFs to Buy

    February 5, 2026

    Are arbitrage funds still worth it after the STT hike? Moneyfront CEO explains

    February 5, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Mutual funds want commodity ETFs other than gold and silver. But is this feasible?

    February 6, 2026

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Mutual funds want commodity ETFs other than gold and silver. But is this feasible?

    February 6, 2026

    Mutual funds and commodity exchanges are exploring whether exchange traded funds (ETFs) can be expanded…

    Top Transportation Mutual Funds

    February 5, 2026

    SEC Publishes Data on Exchange Traded Funds and Fund Mergers; Updated Statistics on Municipal Advisors, Transfer Agents, and Security-Based Swap Dealers

    February 5, 2026

    Why investors are taking a second look at naira mutual funds

    February 5, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    PRYPCO Mint marks groundbreaking milestone with AED 9mln in tokenized property investments in just one month

    July 17, 2025

    THE PROPERTY NERDS: The $2m+ sight unseen strategy

    November 19, 2025

    Sales tax ballot measure sparks debate about potential impact on state’s bond rating • South Dakota Searchlight

    August 9, 2024
    Our Picks

    Mutual funds want commodity ETFs other than gold and silver. But is this feasible?

    February 6, 2026

    Top Transportation Mutual Funds

    February 5, 2026

    SEC Publishes Data on Exchange Traded Funds and Fund Mergers; Updated Statistics on Municipal Advisors, Transfer Agents, and Security-Based Swap Dealers

    February 5, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.