ECONOMY

German defense firm to pay fine to end Greek bribe probe

German defense group Rheinmetall said one of its subsidiaries agreed to pay a fine to end a criminal investigation of suspected bribery payments during arms deals in Greece.

The fine imposed on Rheinmetall Defense Electronics GmbH (RDE) by the senior prosecutor of Bremen, the northern German city where the unit is based, comes to 37.07 million euros, Rheinmetall said on Wednesday.

[Reuters]