Greece's best-selling daily newspaper Ta Nea, whose publication was suspended last week, is back on news stands after a judicial decision authorised its financing. Debt-ridden owner Lambrakis Press Group (DOL) had halted circulation after a court ruling in favour of its creditor banks left it with no funds to publish its 85-year-old flagship daily.
The group is subject to legal proceedings, but this week employees obtained an order enabling them to use the account that receives sales revenue in order to stay afloat.
The newspaper, which was back on sale on Tuesday, welcomed the "courageous judicial decision that allows us to cover our basic needs".
Last week, Ta Nea launched a final appeal to the government to authorise temporary funding to prevent its closure.
As one of Greece's largest media groups, DOL also owns the To Vima weekly as well as numerous magazines, websites and the Vima FM radio station. But after racking up huge debts, the group warned on January 28 that it would be forced to halt publication of its two leading papers.
Newspaper staff claimed the group had fallen victim to financial mismanagement and the desire of Greece's leftist government to see it muzzled.
Ta Nea has been a vocal critic of Prime Minister Alexis Tsipras since he came to power in 2015.
Tsipras' government has previously said it intends to "reestablish transparency" in what it calls a sector of "oligarchs". To its critics, the formerly all-powerful DOL media empire was the embodiment of decades of collusion between the media, banks and officials which Tsipras has promised to shake up.
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