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Greece Will Sell Troubled Proton, Postbank

Two of Greece's shakiest banks, Hellenic Postbank and Proton, will have to be sold by mid-July as the  country's largest banks continue gobbling up...

Facing Collapse, Greece's Postbank to be Privatized

Hellenic Postbank, a small state-controlled lender, is insolvent, Finance Minister Yiannis Stournaras said, and must be sold or transferred to private investors. It was...

Piraeus Bank Withdraws Offer for ATE & Hellenic Post Bank

Piraeus Bank Deputy CE) stated the bank withdrew its offer for the State’s stakes in ATE and Hellenic Postbank. “Piraeus Bank withdrew its interest as...

Victorian Government chips in for PanHellenic Games

At a launch held in the heart of Melbourne’s Greek precinct on August 31, Pan Hellenic Games patron, The Hon. James Merlino, Minister of...

Greek Convicted Bomber Released from Jail

Jailed 25-year-old Nikos Romanos, in prison for attempted robbery and planting a bomb outside the house of a former minister, among others, was released...

Griveas-Vatsika Couple To Be Extradited To Greece

A London court ruled yesterday that businessman Kyriakos Griveas and his spouse Anastasia Vatsika must be extradited to Greece to stand trial in relation...

Lavrentiadis Released on 500,000 Euro Bail

Lavrentis Lavrentiadis, remanded in custody for the Proton Bank scandal in Greece, was released on a 500,000 euro bail.  He was accused of money...

Greece's Rich Plundered Banks

The head a Greek unit investigating money-laundering told Parliament that connected Greek businessmen have been using five banks in elaborate scheme to essentially steal...

TT Bank's Filippidis Freed On Bail

Former Hellenic Postbank chairman Angelos Filippidis, charged in connection with an alleged bad loan scheme at the failed state-owned institution, was released on two...

Filippidis Βefore the Ιnvestigating Μagistrate

Greek Former Hellenic Postbank (TT) chairman and CEO Angelos Filippidis is currently testifying before the investigating magistrate on corruption issues. Filippidis will try to rebut...