Replies to post #9310 on National Bank of Greece ADR (fka NBGGY)

[learninfast]

I agree regarding Germany. The privatization of Greek assets is what Germany is salivating over. Sad case. Without debt relief Greece will falter in loan payments and default. The 50 billion in assets Greece must put into an escrow account will then become available. That is why Germany says no debt relief. JMO. That aside my interest lies in NBG and how the bank recap details will effect the shareholders.