National Bank of Greece ADR (fka NBGGY)

[onedayyyyyyyyy]

Good news. Greek banks will be protected from collapsing no matter what happens.

Moody’s believes that the ECB will likely continue to provide the necessary liquidity to Greek banks through the ELA, as long as there is the potential for a positive outcome to the negotiations. We don’t believe that the ECB would like to serve as the catalyst for a Greek eurozone exit, and we don’t believe that it will act without the implicit consent of euro-area political leaders.

 

ekathimerini.com , Saturday June 20, 2015 (18:08)