There have been ongoing negotiations all centered around keeping Greece in the EU, but Greece must continue to agree to and continue austerity measures.
The banks have been badly beaten down, but Greece surprised with GDP expansion of 0.7% in Q1, in the middle of a deep recession. Problems with Syrian refugees, etc.
Other Greek banks - EGFEY, BPIRY, NBGGY, ALNKY, also GREK (Greek ETF) -
check charts, etc. I have been following for months now. Greek news -
re; looking at NBGGY (as well as other Greek bank stocks) for continuation as negotiations regarding debt forgiveness as part of the larger bailout package progress.
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