National Bank of Greece (NBG) President Louka Katseli speaking to a general assembly of the bank’s shareholders stressed Brexit will affect Greece
Louka Katseli also serves as the Chair of the Greek Banks’ Association and was a prominent PASOK minister when Greece first joined the bailout program with the IMF and the European Commission.
Ms. Katseli said “Europe appears as a tired continent that is not providing hope”. She also called a model that is being promoted for banks’ governance as “one-dimensional”. Regarding the UK’s exit referendum she commented it is a source of instability, also for Greece.