Greece Owes $52M For Olympic Security

An arbitrator has ruled that Greece must pay an American company 40 million euros ($52.2 million) for supplying security systems for the 2004 Olympic Games in Athens, rejecting the country’s claim it never officially accepted delivery of the system because of technical deficiencies. The ICC found that Greece had given the green light in November 2008 and would have to pay the US defense ...

READ THE ORIGINAL POST AT www.greekherald.com