Trying and wanting to remain optimistic. But realistically speaking I wonder how long it could take to get rid of those loans people are not going to pay back. 5, 10, 15 years? Maybe more if the economy remains depressed?
And what happens to the stock during that time. Does the bank maintain it's stock? Because obviously you can't trust them to not delist. They never mention the stock price during the quarterly results. Even though it's in the toilet I wish they would reference it at least.
Germany is not going to give Greece much of a break and Greek banks cannot currently finance a domestic recovery. And unfortunately Greece doesn't "make" anything. Their biggest industry is tourism.
"Sighs" -- At this point it's either sell, or turn off the computer and don't look back for another 1,825 days.
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