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Varoufakis Says Debt Deal 'Extends Greek Bankruptcy into 2060'

Former Greek finance minister and one-time ally of Prime Minister Alexis Tsipras, Yanis Varoufakis, has claimed Greece's "bankruptcy" has been extended by five more...

Historic Iraklis Football Club Withdraws from League due to Bankruptcy

In modern recession-era Greece, nobody, not even historic sports club are immune to financial hardships. Iraklis, one of the oldest and most historic Thessaloniki...

ICAP: One in Five Businesses Heading Toward Bankruptcy in 2017

ICAP, Athens-based market research firm, presented the results of a study on business risk potential at the 9th Credit Risk Management Conference in Athens....

Sophia Amoruso’s Nasty Gal Files for Bankruptcy

One of the youngest self-made millionaire women in the world, Sophia Amoruso, may see her fortune decline as her groundbreaking clothing company Nasty Gal...

Jetoil: Another Greek Company Files for Bankruptcy

Greek family business, Mamidoil Jetoil, is the latest in a chain of companies filing for bankruptcy according to article 99 of the Bankruptcy Code....

Marinopoulos Files for Bankruptcy: the Rise and Fall of an Empire

The end of an era has come for Marinopoulos, one of Greece's largest supermarket chains, that filed for bankruptcy on Tuesday following a domino...

Mega TV Saved From Bankruptcy But Still Hanging on a Limb

Last-ditch efforts to save Greece's private Mega channel from bankruptcy paid off on Wednesday with an agreement between shareholders reached at the eleventh hour....

Large Greek Appliance Chain Files for Bankruptcy

Electroniki Athinon S.A., one of Greece's largest home appliances and electronics chain, announced on Wednesday that it has filed for bankruptcy after 66 years...