National Bank of Greece (NBG) Pressured as Latest Greek Proposals Rejected by Some Creditors

Greece is back in focus with prime minister Alexis Tspiras in Brussels to meet with European finance ministers today.

Early reports have Greece's creditors rejecting the latest proposal from Greece for a bailout extension.

On his Twitter account, Tspiras commented, The insistence of certain institutions of not accepting parametric measures has never happened before -- not in Ireland, nor in Portugal ... This stance suggests they either don’t want an agreement or serve specific interests in Greece.

Tspiras will meet with European Central Bank President Mario Draghi, International Monetary Fund Managing Director Christine Lagarde, and European Commission President Jean-Claude Juncker today. Greece's current bailout will expire at the end of the month and comes as the country will need to make a €1.5 billion in debt payments to the IMF on June 30th.

Notably lower in early trading is National Bank of Greece (NYSE: NBG).

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