BUSINESS

Greek FinMin, SYRIZA leader clash in Parl't over banks

Finance Minister Yannis Stournaras and leftist opposition leader Alexis Tsipras clashed in Parliament on Friday during a debate about the proliferation of unsecured loans issued by Greek banks and the recapitalization of the country's lenders.

"We haven't sold out to anyone and we won't sell out to anyone," Stournaras said, answering a question submitted by Tsipras about Greek banks.

"It is during this government's time in power that the process of catharsis has begun," the minister said.

Tsipras, for his part, insisted that corruption in Greece remained rife and that not enough has been done to curb it by the current government. The leftist said criminal charges should be brought against certain politicians over state bank losses, putting the damage to public coffers from recapitalization in the region of 25 billion euros.

"It is a tripolar system," he said. "It is primarily the corrupt system of power, and the governing parties, that guide graft, then it is the banks who gave loans without guarantees, and thirdly come the organizations which control the media."

Online