Latest macro & market developments - November 28, 2011
Greece Focus Notes
28 November 2011
• Greece and the euro area debt crisis: Event risks calendar through to year-end • January-to-October State budget execution broadly in line with revised government projections; weak revenue growth, accumulating government arrears posing risks to the full-year deficit target • Current account deficit down %YoY in January-September; narrowing trend likely to continue in the remaining of 2011