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National Bank of Greece SA

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  • Greece bailout: What 'selective bond default' means

    For Europe, the unthinkable now is reality: A euro zone country -- Greece -- is defaulting on its debt, as its bond investors are being asked to swap their securities for new ones with less appealing terms. The idea is...
  • Ye gods! New mythologies for Greece and Italy

    Oh tempora! O mores! What new times and customs have we now, with the euro crisis upon us? What updated gods do the Greeks and Italians need to meet them? And what new responsibilities should devolve upon the old ones?...

    Europe ponders 'banking union' to avert further euro crises

    European leaders called Wednesday for the 17-nation Eurozone to create a "banking union" to collectively stabilize struggling financial institutions and protect national governments from taking on excessive debt to bail out their banks.

    New problem for Greece: Designated finance minister steps aside

    Less than a week after Greece installed a rickety coalition government, fresh fears of uncertainty flared when Vassilis Rapanos, the man expected to fill the crucial post of finance minister, said he was turning down the job for health reasons.

    Liberal economist tapped to spearhead Greek economy overhaul

    Greece’s creaky coalition on Tuesday appointed economist Ioannis Stournaras to spearhead efforts to fix the country's broken economy - with the job of fixing the country’s broken economy -- a critical but hugely unpopular post which the...