The Global X MSCI Greece exchange-traded fund (GREK) is up 1.7% so far in 2017, and is up nearly 12% over the past 12 months. but the ETF is down 1.4% this week. In December, Fitch Ratings upgraded some National Bank of Greece (NBGGY) mortgage-covered bonds, and affirmed similar bond ratings at Alpha Bank (ALBKY) and Piraeus Bank (BPIRY) – but not for Eurobank Ergasias (EGFEY).
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