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SEKAP Tobacco Company Gets Temporary 3-week Stay in Debt Collection

After a few weeks of public turbulence with its board threatening with a total shutdown of operations, the troubled SEKAP tobacco company received a...

Greek Tobacco Manufacturer SEKAP Suspends Payments

Greek tobacco giant SEKAP held an extraordinary board council meeting on Thursday to discuss the company's financial problems due to an outstanding state debt...

Greek Tobacco Industry SEKAP on the Verge of Bankruptcy

The possibility of bankruptcy that is to be discussed at an extraordinary board meeting of the Greek tobacco industry SEKAP, is scheduled for Thursday. SEKAP;...

PAOK Owner Sells Tobacco Interest in $1.6B Deal

A Russian tobacco firm owned by the scandal-hit head of PAOK football club, Ivan Savvidis, has changed hands as part of a $1.6-billion deal...

PAOK Owner's Ties to Greek Government Fray

The relationship between businessman Ivan Savvidis and the Greek government is shaking after the PAOK owner stormed his team's pitch at Toumba Stadium on...

Greek Court Suspends €44Mln Fine for Tobacco Company

The First Instance Administrative Court of Komotini suspended the enforcement of a €44 million fine imposed on SEKAP tobacco company for actions allegedly made prior...

Atlantic Council Report: Russia Uses Greece as a Trojan Horse

Greece is one of Russia's 'Trojan Horses' to enter and influence Europe and its policies, says a new report from the Atlantic Council’s Eurasia...

Businessman Praises Greek PM Tsipras, Slams Opposition Leader Mitsotakis

Businessman Ivan Savvidis praised Prime Minister Alexis Tsipras and likened him to Russian President Vladimir Putin, while slamming main opposition leader Kyriakos Mitsotakis. In an...

Tsipras-Mitsotakis Battle it out in Greek Parliament Over Controversial Bill

Prime Minister Alexis Tsipras and main opposition leader Kyriakos Mitsotakis exchanged harsh words in Greek Parliament on Friday over a controversial bill exempting a...

Putin Says Greek Investments Risky

Days after Greek Prime Minister Antonis Samaras wrote him a letter asking for Russia to reduce prices paid for Russian gas, Russian President Vladimir...