Agreed with all this, KMB. Also consider that the bank has 9 billion shares out in the Athens market, which gives it a value of about $2 billion. The bank has somewhere on the order of $40 billion in non-performing loans which would add significant value if even a fraction of these can be collected. A lot of work remains to clean up the balance sheets, and get after the old delinquent loans. It will take time.
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