The next on line, for instance, is National Bank of Greece (NYSE: NBG), the largest bank of Greece with an extensive presence in the Balkan region, Turkey, and Egypt.

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They are usually stationed in another region that has seen more extensive flooding in the past.

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It may be too soon to say how extensive the damage will be to the Gulf region, or how much of an impact this calamity will have on our GDP in the near term.

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