Psycharis to stand trial, rules court

The Athens Court of Appeal ruled on Wednesday that the former president of Lambrakis Press Group (DOL), Stavros Psycharis, and 10 executives of Alpha Bank must stand trial over loans he was granted to purchase shares of DOL.

According to the ruling, Psycharis is charged with securing loans without submitting the necessary collateral and guarantees.

The 10 executives have been charged with failing to comply with bank regulations.