BUSINESS

Gov’t fully supports HFSF in its clash with the NBG board

TAGS: Banking

The government on Friday lent its full support to bank bailout fund HFSF in its clash with the National Bank of Greece board, increasing pressure on NBG chief executive Leonidas Fragkiadakis to resign.

Government spokesman Dimitris Tzanakopoulos said "a bank cannot ignore the wish of its main shareholder."

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