Greek bankers set to oppose buyback plan

Nobody said it would be easy……..

Bank managers across the commercial banking sector aim to express their opposition to the buyback in a meeting with Stournaras today, stressing they cannot possibly take part voluntarily in a scheme that would lead to financial exhaustion of shareholders without discussion and approval at general shareholders meetings first.

This would jeopardise the time frame of the buyback program and the release of fresh funds next month

More.. ekathimerini

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