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Episode 3 in the Psycharis family dispute – Widow responds to artwork ownership

Christina Tsoutsoura has responded to a lawsuit filed by Andreas Psycharis concerning 19 artworks in her possession

Newsroom December 22 11:00

Her response details the history of the publishing group’s financial difficulties, family relations, and the circumstances surrounding the ownership of the artworks.

Following earlier reports about the legal dispute initiated by Andreas Psycharis, Tsoutsoura’s court submissions offer an alternative account of how the paintings came into her possession and their ownership.

Tsoutsoura connects the dispute to the financial collapse of the Lambrakis Press Group (DOL), the illness and death of Stavros Psycharis, and family tensions that arose over time.

According to her, Stavros Psycharis had a strong interest in art and accumulated a significant collection of paintings by Greek and foreign artists, which he regularly expanded through purchases.

She notes that Andreas Psycharis, after completing his studies abroad with financial support from his father, served in diplomatic positions overseas. The dispute began when Andreas requested financial support or paintings to cover expenses, which Tsoutsoura states were bought with Stavros Psycharis’s funds and had been kept in the family home in Kolonaki for many years.

The financial crisis had a major impact on DOL, with Stavros Psycharis attempting to secure loans by pledging his personal assets, but the company ultimately faced insolvency, resulting in the sale of the family home in 2020. Until his passing in 2022, Stavros and Tsoutsoura lived with their daughters in Porto Rafti.

Tsoutsoura also mentions Stavros Psycharis’s Parkinson’s diagnosis in 2003, but states that he remained mentally capable and managed his affairs independently until his death.

Family Relations and Legal Issues

Tsoutsoura claims that Stavros financially supported Andreas and his family, but tensions increased around 2020 when Andreas expressed concerns about unmet financial obligations.

She cites messages from Andreas requesting funds or artworks, which he previously recognized as his father’s property.

After Stavros declined these requests, Tsoutsoura says Andreas’s behavior became more confrontational, including towards her. She maintains that Stavros believed he had already provided sufficient support.

Legal Proceedings and Family Rift

The first lawsuit was filed by Andreas in 2020, claiming ownership of 20 paintings, some differing from those in the current case. Tsoutsoura describes this as a turning point in family relations.

She recounts a family meeting where Stavros asked Andreas to leave, indicating the breakdown in their relationship.

In 2024, the dispute escalated with further messages from Andreas requesting the artworks, despite Tsoutsoura’s assertion that the paintings belonged to Stavros.

Following Stavros’s death, Andreas allegedly sought compensation corresponding to the artworks’ value. Tsoutsoura and her daughters declined to negotiate and responded firmly.

Andreas Psycharis’s Position

Andreas Psycharis, through his lawyer Marizana Kikiri, rejects Tsoutsoura’s claims, stating he has sufficient evidence supporting his ownership of the artworks.

A sworn statement from Panagiotis Psycharis, Andreas’s brother, claims Tsoutsoura sold a Picasso painting that belongs to Andreas.

Kikiri stated:
“My client possesses all necessary evidence, including witness testimony and documents proving the origin of the funds used to purchase the paintings, as well as records of payments related to DOL’s debts and those of the late Stavros Psycharis and the defendant.”

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