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Friday, January 3, 2014

Greece to overhaul defense buying after scandal

By Harry Papachristou ATHENS (Reuters) - Greece will overhaul arms procurement to make it more transparent, Defense Minister Dimitris Avramopoulos said on Friday, after a wide-ranging corruption inquiry led to the arrest of a former defense official and two arms dealers. Heavy arms spending was one of the reasons Athens piled up debt and had to be rescued with European Union and IMF bailouts ...

READ THE ORIGINAL POST AT news.yahoo.com