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

From Euronews, Wednesday 16 Dec 2015

[ElectricFuneral]

.....Greeces leftist-led government has survived another parliamentary vote on a reform bill demanded by the countrys international lenders. In return Greece gets 1 billion euros to pay off debts. The bill makes changes to the public sector wage grid and opens the market for banks to sell off bad loans. Greeces Deputy Finance Minister George Chouliarakis addressed the chamber. This bill serves as a solution for non-performing loans and, as a consequence, also helps liquidity and boosts the economy. It does this while and this is its aim it protects the households and businesses that are most vulnerable.