For some years now a small Greek tourist village has been living off an economic stimulus grant administrated by a German bank. The grant was intended to fund the construction of a power plant and a hospital, but neither project has even been initiated. Munich is getting suspicious, and mid-level bureaucrat Jorg Geissner (Christoph Maria Herbst) is dispatched to investigate. Thrown into panic, the village deploys man-about town Panos, who is half-German. An elaborate yarn-spinner, Panos orchestrates a convincing facade and a great many outlandish, yet somehow plausible, excuses to maintain the fiction that the village is putting the funds to their intended use.