An e-mail found on the computer of one of some 30 suspects in the Proton Bank embezzlement case appears to be proof that executives at the lender were aware in 2010 that just over 500 million euros had been lent to companies that were part of a group owned by the bank’s main shareholder, Lavrentis Lavrentiadis, rather than the 73 million euros Proton had reported to the Bank of Greece.
Kathimerini understands that the e-mail shows executives knew that seven companies in which Lavrentiadis was involved had obtained loans of 357 million euros, without providing any guarantees.
Lavrentiadis and several other key suspects in the case are currently in custody.
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...
The revised memorandum of cooperation between Athens and its international creditors does not allow for the participation of entities belonging to the broader public sector in the recapitali...
The start of the Super League playoffs for Greece’s second spot in next season’s Champions League has complicated things, as the teams that started as underdogs beat the favorites at home on...
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...
Certain people have created a monster and now, when they observe it, they wonder what it is. Golden Dawn, along with all its slogans and behavior, is the work of many, not one single person....
The country has a unique opportunity to turn the page. Society has displayed incredible maturity and responsibility, despite all the hardships. Reforms which had been under discussion for de...
