Prosecutor appeals ruling over clothing retailer's debts
Antonis Glou, managing director of menswear manufacturer and retailer Glou, is set to face a new trial after prosecutors filed an appeal following his acquittal by a three-member misdemeanor court on charges of debts to the state.
The 52-year-old businessman was arrested last week and charged with owing some 765,000 euros in unpaid taxes.
The company recently filed for protection from creditors under Article 99 of the bankruptcy law.
The Development Ministry announced on Friday that a large number of small and medium-sized enterprises have expressed interest in the European Union-funded program for their support.
A total...
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AEK Athens said on Tuesday it was preparing to declare bankruptcy and seek relegation to the third division.
AEK was relegated from the Super League for the first time in its 89-year history...
The gradual arrival of summer usually brings a sense of well-being and this year it seems to confirm the belief that Greeks are beginning to change their stance toward their new state of bei...
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