If you're bullish on NBG surviving but are afraid of common stock dilution, NBG's Series A preferred may be worth considering. http://seekingalpha.co...
According to the Decision of the Minister of Finance (Government Gazette B' 1617/31.7.2015) and the Announcement of the Hellenic Capital Market Commission dated August 3rd 2015, the Athens Exchange (ATHEX) resumes trading as of today. As a result, NBG ordinary shares listed in the ATHEX are traded in line with the provisions of the above Ministerial Decision. More specifically, purchase orders, regarding financial instruments or derivatives, shall be made with new money, as the term "new money" is defined. Additionally, the redemption payment concerning sales of financial instruments (excluding mutual funds) or clearing and settlement of transactions on financial instruments could be made in a foreign bank account as long as the relevant payments were made through this bank account before the enforcement of the banking holiday of June 28th 2015. Further details on all the exact measures in force concerning transactions in financial instruments may be found in the full text of the relevant decision which is publicly available (in Greek) on http://www.et.gr/index.php/daily-publications. It should be noted that redemption of mutual funds' units will continue to be suspended. The full text of the Hellenic Capital Market Commission Announcement is publicly available on http://www.hcmc.gr/en_US/web/portal/home.
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