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• November 29th Eurogroup approves 6th loan tranche to Greece, endorses
• 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