Major hurdles that need to be overcome by the Greek government in the period leading to the release of the 7th EU/IMF loan tranche (December 2, 2011)
Major hurdles that need to be overcome by the Greek government in the period leading to the release of the 7th EU/IMF loan tranche (December 2, 2011)
Greece Focus Notes
02 Δεκεμβρίου 2011
• EFSF leveraging schemes Major hurdles that need to be overcome by the Greek government in the period leading to the release of the 7th EU/IMF loan tranche
• Greek government intends to increase guarantees for bank funding through ELA
• Deposits outflows continued in September on heightened domestic political uncertainty
• Ongoing recession continues to weigh on consumer spending
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