Yiannis Papavassiliou, chief financial officer at Alapis SA, has been arrested on a warrant issued by the prosecutor investigating the Proton Bank embezzlement case.
Papavassiliou is believed to have played a key role in the alleged transfer of some 700 million euros in commercial loans from Proton Bank to companies controlled by the lender’s main shareholder Lavrentis Lavrentiadis.
Lavrentiadis is currently in custody on charges of embezzlement and fraud.
The prolonged unrest in Turkey’s main cities this month has had a growing impact on the country’s tourism.
According to a survey conducted by the Spanish section of booking search engine Tri...
The state privatization fund (TAIPED) expects by Friday to have signed the contract conceding the operation of state lotteries for the next 12 years to the OPAP-led consortium, as the deal w...
New PAOK coach Huub Stevens has called for unity among fans after taking charge of the Greek club whose players said they feared for their lives last season because of regular protests.
Gree...
Greek canoeing champion Andreas Kiligkardis died on Wednesday after losing his battle against leukemia.
The 37-year-old had been in a coma since last Tuesday at a hospital in Poland - where ...
For the past three-and-a-half years, the Greek political system has been dragging its feet and hemming and hawing over a relatively simple decision: which state organizations are needed, how...
Greece’s power-sharing government must find a way to stay on track.
A snap election, as suggested by some out there, would not solve the country’s problems but rather strengthen existing pol...
