The scheme aims to restore the solvency of the country's top four lenders, National Bank, Alpha bank, Piraeus bank and Eurobank. Provopoulos confirmed that Greece's foreign lenders were concerned about National Bank's takeover of Eurobank. Bankers told Reuters on Saturday that the lenders had raised issues concerning the size of the merged entity relative to Greece's gross domestic product (GDP) and the banking sector as a whole.
Officials from the European Union, the European Central Bank and the International Monetary Fund are due in Athens this week to resume an inspection visit and talks on key issues, including the bank recapilisation and public-sector layoffs.
Provopoulos said deposits in Greece were guaranteed. He added that Greek banks saw deposit inflows in March in spite of the crisis in Cyprus, and that more than €19 billion had returned to Greece since mid-June.
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