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Archive - Jan 9, 2014

Three arrested for draining loans from Postbank

09 January 2014 / 19:01:52  
According to court sources, the loans amounting to millions of euro had been granted without sufficient guarantees on the part of the recipients and in violation of the law. The money had not been used for investment but for the personal benefit of the businessmen.

Sweet Cypriot Cheese Pastries

09 January 2014 / 18:01:50  
Sweeten the New Year with these traditional Cypriot pastries...

Historically important company Fokas collapses

09 January 2014 / 15:01:47  
In a statement sent to the first instance court in Thessaloniki, a lender to whom the company owes 40,400 euro has requested that it be declared bankrupt.

Christodoulos Xiros and "Fire Nuclei" celebrated the New Year in prison

09 January 2014 / 13:01:41  
He had held frequent meetings with members of the group and with other persons arrested for armed actions in wing 1 of Korydallos prison, their purpose being to organise his escape and to create a "safe system" for his possible adoption in Athens.

Bankers arrested for illegal loans

09 January 2014 / 11:01:19  
Businessmen who have drained millions of euro from the former Postbank are wanted, its losses due to credit millionaires amounting to 200 million euro.