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NBG: Greece To Sell Down By Year End. Minor Positive.

FINANCIALS

National Bank of Greece (ETE GA) headlines coming:


*STOURNARAS SEES NATIONAL BANK OF GREECE STAKE SALE BY YEAR END - bbg


Greek state owns 18.4% of NBG and the sale of that rump stake has been talked about for some time now. Unlikely to be big credit mover in itself but an affirmation from the equity market of the rehabilitation of the Greek banking system.

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