Latest macro & market developments - February 12, 2011
Greece Focus Notes
12 February 2011
• 3rd EC/ECB/IMF mission calls for acceleration of structural reforms and privatizations • State budget execution data for January 2011 broadly in line with official target• Clock is ticking on “comprehensive” anti-crisis EU package• Greece’s latest T-bills auction met strong demand • Greek unemployment hits fresh all-time highs in November, private credit growth slowed further