Greek prosecutor files charges over Germanos buyout

ATHENS, July 11 (Reuters) - A Greek prosecutor looking into the buyout of retailer Germanos by OTE Telecom's (OTEr.AT) mobile phone arm filed criminal charges against the two companies' top executives, a court official said on Friday.

"After completing an initial investigation, five criminal charges have been laid over Cosmote's buyout of Germanos," a court official who declined to be named told Reuters.

"Charges of breach of trust have been laid against the chairman of OTE and Cosmote, Panagis Vourloumis, and members of OTE's board," the official said.

Greece's largest mobile phone operator Cosmote paid about 1.6 billion euros ($2.52 billion) to buy the country's biggest phone retailer in 2006 as part of its expansion plans, but the deal was criticized by opposition parliament members. (Reporting by George Hatzidakis; Editing by George Georgiopoulos)