Chriss777
6年前
National Bank of Greece drops US obligations
March 20th, 2019 10:19 GMT
by Gary Dixon
Shipping lender National Bank of Greece (NBG) is scrapping its obligation to report to the US Securities and Exchange Commission (SEC).
It said it was filing Form 15F to immediately halt requirements.
"After 90 days, if the SEC does not object, the suspension becomes a permanent termination of SEC reporting obligations," it added.
"Until the termination of registration becomes effective, NBG will continue to comply fully with all other requirements applicable to foreign private issuers registered under the Exchange Act."
NBG said that in 2017 it had resolved to voluntarily terminate the amended and restated deposit agreement from 1998 with The Bank of New York Mellon, as holder of its American Depositary Receipts (ADRs) that represent one NBG share each.
Following the termination of NBG’s ADR programme last March, the underlying ordinary shares of NBG continue to trade on the Athens Exchange.
"The board of directors of NBG weighed the benefits of maintaining the ADR programme against the associated costs and risks and determined that terminating the ADR programme is in the best interest of NBG due to the limited size of the ADR programme, the costs associated with such programme and NBG’s reporting, filing and compliance obligations under the Exchange Act," it said.
onedayyyyyyyyy
6年前
2019 economic news from Greece:
Economic activity is expected to remain broadly stable this year, propped up by stronger private consumption, which should be aided by a planned increase in the minimum wage and declining unemployment, a healthy export performance, particularly of tourism.FocusEconomics panelists see GDP expanding 1.9% in 2019, which is unchanged from last month’s projection, and 1.8% in 2020.
lbb972
6年前
https://www.gofundme.com/andrews-and-amayas-honeymoon
A modest honeymoon in Greece for a couple on a modest income. My name is Andrew Koss and I am asking for your help in giving my wife, Amaya, the honeymoon of her dreams. Amaya and I were married in March. Our wedding guests were very generous in their financial assistance towards our honeymoon, but after paying for plane tickets and passports, we don’t have a whole lot left. We moved to Cleveland from Santa Fe at the end of June so I could go to grad school. I am on a teaching assistantship, making a modest income while taking classes at the same time. My wife and I have never been out of the United States, and Greece is my wife’s dream honeymoon spot. We are set to leave on the last day of December and spend 10 days there. My wife works very hard at a health clinic where she does everything she can to make her patients feel as comfortable as possible every single day. She is extremely devoted to her job, she works hard there and at home. She deserves her dream honeymoon and I want to do everything I can to give it to her, however I have very little financial means to make this happen. The income of a graduate assistantship is not a lot to live on. Amaya makes up a lot of the difference. We are also expecting a child in April. My wife should be toward the end of her second trimester when we are out of the country. The doctor says this is the best time for a pregnant woman to travel. I am not asking for a lot of help on funds. Greece is not a very expensive country, but I know my wife is disappointed that we won’t be able to do much given the small amount of funds we have left to put toward the trip. We primarily need help with the cost of lodging, food, and traveling between the islands. If you are able, we appreciate any help you can give us to make our dreams come true. If you know me or my wife, please don’t let her know about this as I want it to be a surprise. Thank you for your help, and God bless.