Replies to post #6452 on National Bank of Greece ADR (fka NBGGY)

[Papa Bear]

Probably quite a few are going to suffer here.

[dabonenose]

I have a feeling that the Greek economy is gonna be run on a cash basis because of the uncertainty.

I used to work in the ship services industry and that's the way they dealt with the shipping companies. If the companies went into arrears, we would only provide services for the ships if they paid in cash.

With the people only allowed 60 EURO's a day, that's a problem for large payment items.

The Greek people found a way to elect the socialist/commies to run their govt. I'm sure they will find a way to survive on goats milk, pita bread and Feta cheese.