• 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