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> Politics

Parliament: Merger Agreement Between Attica Bank and Pancreta Approved by ND and PASOK Votes

SYRIZA and other opposition parties voted against the bill

Newsroom July 25 10:15

With an increased majority, the ruling party ND (New Democracy) and PASOK-KINAL voted for the Ministry of Finance and National Economy’s bill “Ratification of the 18.7.2024 Merger and Investment Agreement between the Hellenic Financial Stability Fund and the limited liability company THRIVEST HOLDING LTD” for the merger of Attica Bank with Pancreta Bank in the plenary session.

All other opposition parties voted against the bill both in principle and in its entirety.

Minister of National Economy and Finance Kostis Hatzidakis, concluding the discussion and responding to a question from the special rapporteur of Plefsi Eleftherias, whether the market research conducted for an investor by JP Morgan on behalf of the HFSF also concerned Pancreta Bank, clarified that “this concerned Attica Bank as it had shareholder participation and not Pancreta.”

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