NEWS

Bondholders storm ND offices in protest at write-off losses

Retail bondholders, angry about a massive public debt write-off program that saw a big chunk of their savings go up in smoke earlier this year, on Friday stormed the offices of coalition leader New Democracy demanding a meeting with the party’s political secretary Manolis Kefaloyiannis over the issue.

About 100 people pushed past security and pelted pictures of party founder Constantine Karamanlis and current Prime Minister Antonis Samaras with eggs.

A meeting eventually took place two hours later at ND’s offices in Parliament.

Conservative officials committed to a series of meetings with government ministers so as to reach a “fair solution.”

Samaras had promised ahead of elections that private bondholders would be compensated.