Justice Minister Haris Kastanidis on Wednesday announced that the Greek state will impose fines on German multinational Siemens before the end of May for violation of laws against money laundering. Kastanidis made the announcement while addressing Parliament on the amended ministerial liability law, while he clarified that on Monday he will send a letter to Siemens' management, demanding explanations within the next 15 days. "The German side has an obligation to compensate the Greek side regardless of the court ruling that will be issued in the Siemens bribery case. The usually judgmental Germans will stand accused, because their own companies are champions of corruption worldwide," Kastanidis said. more from daily news »

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Greece 2010 deficit over 10%, faces more austerity	Portugal follows Greece and Ireland, Spain next?	Researcher cites ancient Minoan-era 'computer'

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