Sfakianakis S.A.

 It’s certainly been a saga reminiscent of a “scent that’s lasted for years,” and by all indications, it’s set to continue for quite some time. The tensions in the Sfakianakis family over the control of their namesake Group, a staple in the automotive market and beyond, are heating up and show no signs of cooling down.

The European Commission decision to impose, possibly from July, additional duties on Chinese electric vehicles that will reach up to 38.1% creates new conditions for the Chinese automobile industry that is seeking to increase its share in the Greek market as well.

The trial of pop singer Notis Sfakianakis, who was arrested last Sunday in southern Athens and charged for being in possession of an unlicensed pistol and a small quantity of cocaine that police found in his car, was postponed indefinitely on Wednesday.

Sfakianakis has been released pending his trial, whenever that may be.

An Athens court on Monday gave pop singer Notis Sfakianakis until Wednesday to prepare his defense after he was arrested on Sunday evening on charges of possessing a small quantity of cocaine and an unlicensed pistol. 

He was arrested in the southern Athens suburb of Elliniko during a routine check of his car for compliance with coronavirus restrictions by motorists.

A popular act on the Greek nightclub circuit, Notis Sfakianis, is due to face a magistrate on Monday on drugs and weapons charges, following his arrest in southern Athens on Sunday night.