Yiannis Papavassiliou, chief financial officer at Alapis SA, was remanded in custody on Thursday following his deposition before a prosecutor investigating the Proton Bank embezzlement case.
The former executive is believed to have played a pivotal role in the alleged transfer of 700 million euros in commercial loans from Proton to firms controlled by the lender’s main shareholder, Lavrentis Lavrentiadis, currently in custody on charges of embezzlement and fraud.
Private-label products in Greece have shown remarkable growth since 2007 as lower prices compared with brand products render them particularly popular in conditions of reduced disposable inc...
Greece’s creditors say that Athens needs to conduct more inspections on high-income self-employed groups (mainly doctors and lawyers), to strengthen the unit that monitors wealthy taxpayers ...
Germany's Bjoern Otto recorded the world's leading performance in the men's pole vault at the Athens Street Pole Vault event that took place at Zappio, in central Athens, on Saturday afterno...
PAS Giannina upset PAOK at Thessaloniki on Sunday to take the lead at the Super League play-offs, while Asteras Tripolis rebounded from its loss at Ioannina in midweek to defeat Atromitos at...
Dividing lines – less so between political parties and more so between political cultures and ideologies – do not go away as easily as some would like to think. In the case of Greece, politi...
Prime Minister Antonis Samaras’s recent official visit to China aimed at attracting foreign investment and meeting with his Chinese counterpart proved to be highly successful.
The image of t...
