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Kontominas Set Free on 5M Euro Bail

The judicial council has decided to release Dimitris Kontominas on terms proposed yesterday by inquisitor Giorgos Andreadis, including a 5 million euro bail.

  • Published in Greece

Formerly unemployed GD mp has 150,000 in account

Two off-shore companies shown as belonging to a Golden Dawn member that is among those handling party funds, as well as 150,000 euros in a bank account belonging to jailed Golden Dawn mp Yannis Lagos have come under the scrutiny of financial crime squad SDOE that is looking into the party's finances.

  • Published in Greece

Greek bonds seen as attractive

The risk of investors having to accept more losses on Greek debt has abated following a writedown on the securities in 2012, according to Gareth Colesmith, a senior money manager at the London-based unit of Bank of New York Mellon, a leading company in global investments. The company was wary of Portuguese bonds because of the nation's struggle to implement fiscal reforms, he added.

  • Published in Greece
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