Lawmakers likely to vote on bank bill Thursday
Lawmakers are expected to debate the government’s 28-billion-euro rescue plan tomorrow with a final vote on the draft bill likely to take place on Thursday. Up until now Alpha Bank, Greece’s second-largest lender, and state-owned ATEbank have said they intend to take part in the 28-billion-euro plan aimed at providing the country’s banks with a capital and liquidity boost. Meanwhile, National Economy and Finance Minister Giorgos Alogoskoufis indicated yesterday that the European Commission also has given the green light for the plan, which is not seen as violating any competition rules. Government officials insist that more banks are expected to opt for the support program.
