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George Papandreou: Memorandum Was a Medicine

If the Memorandum was not signed, Greece would have been bankrupt. This is what former Prime Minister George Papandreou underlined during an interview on Greek...

Greek PM: SYRIZA Is Leading the Country to Bankruptcy and a Credit Crisis

Greek Prime Minister Antonis Samaras blasted main opposition SYRIZA for leading the country to bankruptcy, to a credit crunch and eventually out of...

On This Day: Charilaos Trikoupis Declares Greece Bankrupt

“Regretfully, we are bankrupt” is one of the most famous phrases in modern Greek history and was uttered by Prime Minister Charilaos Trikoupis at the Parliament on...

Russian Tourists Trapped in Greece

Greek tourism had yet another loss as Russian agency Yuzny Krest Travel filed for bankruptcy, a problem that has now become an “epidemic.” More than...

BlackRock: Greece is Most Likely to go Bankrupt

According to BlackRock's quarterly Sovereign Risk Index that shows which countries face the highest risk of default, Greece was among the countries most likely to go...
Nikolaos Koklonis is the founder of Airfasttickets

The Curious Case of Airfasttickets

Airfasttickets has been the target of Greek and international media accusing the fast-growing online travel agency for unfair competition and bringing to the spotlight complains...

Mazda Representative Filed for Bankruptcy in Greece

The company Elma SA, Mazda's Greek representative and official importer since 1981, filed for bankruptcy on Monday June 30. Within the next days, the company will announce...

Greek Newspaper ‘Eleftherotypia’ Gone Bankrupt

The Greek company XK TEGOPOULOS PUBLISHING, which is in charge of the newspaper Eleftherotypia has been declared bankrupt. Α liquidator will be appointed in order...

NEOSET: Greek Company Goes Bankrupt

According to the 212/2014 decision by the Multi-Member Court of Athens, Greek furniture company Neoset has been declared bankrupt, following the request of factory employees in...

Nutriat-Katselis Declares Bankruptcy

Nutriart (KATSELIS) declared bankruptcy yesterday. The next step is to find a liquidator. The bankruptcy petition was filed in June 2013 and was tried in...

Famous Patisserie in Thessaloniki Goes Bankrupt

The founder of the famous patisserie “Agapitos” in Thessaloniki, Agapitos Valogiorgis, was a hardworking and ambitious person working his whole life tirelessly to make...

Sudden Closure of Historic Katselis Factory

Another historic factory in the field of bakery closes. It is the Katselis company, which has been an employer for 500 families. The closure was...

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