Greece

In an unexpected turn of events, the winner of the Greek version of the reality show MasterChef announced on Thursday that he is giving half of the winning prize to the runner-up in the competition. Stavros Varthalitis won the popular...

By Benjamin Wylie-Black* Following on from a recent article about the decision not to open our hotel in Crete for 2020, there was a small backlash centering around the belief that we could afford to make this decision and that...

Greece opened a book-building process for a seven-year syndicated bond on Holy Wednesday. The Greek government ordered Citi, Commerzbank, Credit Suisse, Morgan Stanley, Nomura and Societe Generale banks to issue the new seven-year bond, as Athens takes action to strengthen...

Veteran footballers from Greece, Italy, Albania and Turkey will play on January 10 in Albania to raise money for the victims of the devastating quake which shook the country on November 26, 2019. The friendly game will be held at...

According to the latest figures published recently by the Bank of Greece, tourists visiting Greece during the first half of 2019 spent an average of 15.9 percent more money than they had spent during the same period of 2018. This surprisingly good...

A Dutch activist whose bicycle was stolen in Thessaloniki on March 26 announced recently that he has managed to raise enough money to replace it, along with all the equipment he needs. Jitse Bouma is raising money for children with...

A financial prosecutor on Friday charged 10 people for fraud and money laundering in the Folli Follie Group case. Among the 10 people investigated are founder Dimitris Koutsolioutsos, his wife Katerina and their son Giorgos, who is also CEO and...

Yiannos Papantoniou, a prominent political figure who was previously served as the country's defense minister and finance minister, was taken into custody late on Tuesday on charges of money laundering. The arrest followed a marathon deposition which began on...

Realtors, lawyers, accountants, notaries, members of the banking industry, high-end retailers, and money transfer agents are in the high-risk money laundering group in Greece, according to a Finance Ministry report. The report entitled "National Money Laundering and Terrorist Financing Risk...

  Greece's former Economy and Finance Minister, Yiannos Papantoniou, and his wife Stavroula Kourakou were given an extension to prepare their testimony on charges of money laundering by a court in Athens on Thursday. Both appeared at the investigator’s office with their solicitor,...

Two Greek officers held in jail in Edirne, Turkey, were granted a special monthly allowance through an amendment voted by all parties in parliament on Wednesday. The two servicemen have been held since early March after entering Turkish territory while...

Only crisis-hit Venezuela was ahead of Greece in terms of losing money in the ten years prior to 2017, new research claims. According to New World Wealth analysts' report, Greece came second on a list of countries which had the...

A total of 35,000 euros has been raised in a charity concert in Brussels, in support of the initiative "Fuel for Schools".  The funds were handed over to the International Foundation for Greece on Monday, to provide heating fuel...

Greece is ready to provide information to other states on cases of possible money laundering, Justice Minister Stavros Kontonis said on Wednesday, speaking at a parliamentary committee debating a draft bill which ratifies the 2005 Warsaw Treaty on the...

A corruption prosecutor pressed charges of money laundering against former defense minister Yiannos Papantoniou and his wife Stavroula Kourakou on Friday, following the completion of the preliminary investigation into bank accounts held abroad. The charge also follows an audit into...