Tuesday, March 29, 2011

National Bank of Greece down on Greek rating cut

March 29, 2011

American Depositary Shares of the National Bank of Greece fell Tuesday after Standard & Poor's Ratings Services cut Greece's credit rating to BB- from BB+ and said the rating remains on CreditWatch with negative implications. Shares of National Bank of Greece SA lost 2.4%. U.S. shares of Athens-based Diana Shipping Inc. also fell 1.3%.


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