Greece ETF Dragged Down by NBG Secondary Plans

“Greece could next issue three-year, seven-year of 10-year bonds, depending on market demand,” according to The Star.

GREK is the only one of the five PIIGS ETFs that has traded lower this year. The iShares MSCI Italy Capped ETF (NYSEArca: EWI) is the best of the quintet with a gain of more than 14% heading into Tuesday. [Italy ETF Looks Strong]

Global X FTSE Greece 20 ETF