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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...

Greek Church On the Verge of Bankruptcy

With its income reduced dramatically and huge amounts of money lost in stocks and assets, Greece's Church might be soon faced with bankruptcy. Many...

Greece Close to Bankruptcy as Private Debt Is Higher than GDP

Greece is on the brink of bankruptcy as private debt is higher than gross domestic product and rising, says a Greek Money report. Private debt...

The Positive Side of Greece's Flirt with Bankruptcy

The fact that Greece is on the verge of financial collapse gives it an edge in negotiations as it may get more concessions from creditors,...

Greek Hospitals on the Brink of Bankruptcy

Greek state hospitals face serious financial problems making their operation extremely difficult, while debts to suppliers have reached 900 million euros. In most instances, the operation...