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> Politics

Kasselakis: Mitsotakis Gives a “Bank Pass” to Private Equity Scheme of Attica Bank

The president of SYRIZA, Stefanos Kasselakis, voiced again his opposition to the merger of Attica Bank with Pankritia in a new post on the X platform

Newsroom July 22 09:08

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In his post, Kasselakis shares a video from an interview with MP Christos Giannoulis, who describes the merger as involving “scandalous behavior” on the part of the government.

Kasselakis’ statement reads:

“Private bank funded with public money.

Kyriakos Mitsotakis has chosen to grant a ‘bank pass’ to the private equity scheme of Attica Bank.

Private investors, having contributed €268 million, will acquire 56% of the bank, while the State—i.e., the Greek taxpayers—having contributed €920 million, will retain only 35%.

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‘Friends’ capitalism with public funding.”

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