Stournaras-Spirtzis escalate dispute over Attica Bank

21 September 2016
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The Governor of the Bank of Greece Yannis Stournaras has urged the Minister of Transport Christos Spirtzis to “keep quiet”, in response to their dispute over Attica Bank.

In a recent radio interview the Transport Minister noted that since 2011 there have been two share capital increases at Attica Bank, with the Bank of Greece being tasked with supervising procedures and loans.

According to Mr. Spirtzis, “if Attica Bank did not do its job properly, that obviously means that the Bank of Greece, which carried out the inspection, also did not do its job properly”. As such, the Minister further elaborated, the Bank of Greece must also be examined.

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