ECONOMY

Panayiotis Roumeliotis poised for bank bailout fund chair

The managing director of the HFSF bank bailout fund, Anastasia Sakellariou, is seen on her way to visit Deputy Prime Minister Yiannis Dragasakis on Friday.

Their meeting focused on the fund’s activities, the institutional role it will have to play in the future, as well as issues regarding banks’ restructuring plans and the current valuation of the fund’s portfolio, according to an HFSF statement issued later.

While the issue of changes in the fund’s management were not discussed, according to sources, the government is likely to replace its chairman with Panayiotis Roumeliotis, deputy chairman of the Piraeus Group.