National Bank of Greece ADR (fka NBGGY)

[fourdueces]

Well in Athens a court ruling came in a about a hour or two ago, that investors on a power plant had filed, to fight the sale of it to creditors and to make it private. It ruled in favor of investors. There are other pending suits on many others, these kind of delays will hurt the banking sector cause this has to get done by Jan 1st, else the floor might hit all shareholders. Sept 24th will bring some clarity, I believe that's the date that creditors will give a statement about the banking sector and the recap pending.