NBG

I suggest buying stock in the National Bank of Greece ticker symbol NBG, which is currently less than $2 a share and was $14 a share.

Europe's struggles make blue chip stocks cheap - Yahoo! Finance 2010

There may also be opportunity in some of the European banks, such as NBG, Deutsche Bank (NYSE: DB), and Credit Agricole, which have been sold off on the belief that they hold too much Greek debt on their balance sheets.

Fool.com Headlines Tim Hanson 2010

'NBG's results confirm our view of the bank being the sector's strongest fundamental play.'

Forbes.com: News 2009

'NBG's results confirm our view of the bank being the sector's strongest fundamental play.'

Forbes.com: News 2009

"The proposed merger would create the largest bank in Greece, which we believe would be in a position to play a critical role in the effort to restructure the Greek economy," NBG chairman Vasilis Rapanos said at the time.

Alpha Bank Rejects Offer From Rival Greek Bank Nick Skrekas 2011

Corrections & Amplifications: NBG is offering eight of its shares for every 11 shares in Alpha Bank.

Alpha Bank Rejects Offer From Rival Greek Bank Nick Skrekas 2011

Late Tuesday, market leader National Bank of Greece SA NBG reported a third-quarter loss of €36 million.

Greece's Piraeus Swings to Large Loss Alkman Granitsas 2011

NBG said it submitted a takeover proposal on Jan. 18 to Alpha Bank, and the two entered into a nondisclosure, exclusivity and standstill agreement Feb. 3 as their teams held talks.

Alpha Bank Rejects Offer From Rival Greek Bank Nick Skrekas 2011

NBG would have controlled 71% of the merged entity.

Financial Briefing Book: Feb. 19-20 2011

Alpha's shares had jumped 4.4% and NBG was up 1.2% before trading was halted because of rumors of the bid.

Financial Briefing Book: Feb. 19-20 2011