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Charges against HRADF officials

Public Prosecutor for Corruption Eleni Raikou on Monday pressed criminal charges with potentially hefty sentences against senior management and three board members of the Hellenic Republic Asset Development Fund (HRADF) for their failure to obtain reasonably competitive rates in exchange for 28 public real estate assets.
  • Published in Greece

40bn withdrawn from Greek banks since December

Louka Katseli, the head of Greece’s bank association, said some 40bn euros had been withdrawn from Greek banks since December by customers anxious over the safety of their deposits, seriously damaging the banks’ ability to function normally.

  • Published in Greece
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