National Bank of Greece S.A. Pfd. Series A ADS NBG.P.AWD

RE:RE:Hey Bulltraderr....

[ElectricFuneral]

bulltraderr wrote: Yeah man! I have been averaging down after every 15% drop, I didn't have to but I am still buying some more here & there. Now I hold little over 8300. Hope we all make some money. Who knows?GLTA!

Where do you stand with your new shares (average price). Forget the free ones (1200 I think), because they fall so much and were free. GLTA. I've did a lot of reading before jumping in. This was released on Monday... Greece is set to receive 1 billion of the bailout loan, confirmed an official from the eurozone. The long-standing troubles might come to an end and banks might finally be able to regain depositors trust.According to recent updates on Greeces talks with international creditors, the country is on track with its commitments on the implementation of agreed reforms and is set to legislate the remaining steps. In light of the adoption of half of the 13 reforms demanded by the international creditors, lenders from Europe have agreed upon the release of the next tranche of loans. The Greek Finance Minister Euclid Tsakalotos first confirmed the release of funds last week. Alexis Tsipras had accused the International Monetary Fund (IMF) of making unrealistic demands last week. The IMF had said earlier in the year that it would have to monitor the progress of Greeces talks and negotiations with its partners before releasing funds for the third bailout program. On Saturday, the authority confirmed the review of Greeces third bailout program.The release of 1 billion funds is part of Greeces 86 billion bailout plan. The draft bill demanding Greece to bring changes to the economy includes privatization in the country, and opening of a market for non-performing loans held by banks in the country. Reforms ranging from the financial sector to the bad loans and changes in the structural measures were demanded in attempts for the economy and the financial system to get back on track. "Seven out of the 13 are completed nowall the rest and everything else related is due to be adopted in the Greek parliament on Tuesday night. A compliance report by the institutions representing the creditors is to follow on Wednesday," a Greek official said.