Alpha Bank on Monday announced a decision to call for a new general shareholders’ meeting in order to examine all developments related to a merger plan with Eurobank and stressed that the impact of ongoing PSI negotiations would be disproportionate over the figures of the two banks.

In an announcement released late on Monday, Alpha Bank said that a decision reached by a general shareholders’ meeting in November 15, 2011, did not take in mind the impact of a PSI+ program, as both banks’s managements mutually confirmed their inability to safely determine the impact of a PSI+ program at the time.

The bank said that following recent developments it decided to wait for the PSI program to be finalized and stressed that its impact would be disproportionate over the merging banks’ figures. According to information from both banks in October, the merger plan was progressing according to an agreed timetable, without delays.

Late on Monday, the Athens Stock Exchange announced it was revoking an earlier decision over the suspension of trading in both banks’ shares in the market.