{
  "url": "https://openlegislation.uk/eu-decision-2015-455/annex/appendix",
  "json_url": "https://openlegislation.uk/eu-decision-2015-455/annex/appendix.json",
  "legislation": "eudn/2015/455",
  "legislation_title": "Commission Decision (EU) 2015/455 of 23 July 2014 on the State aid SA.34826 (2012/C), SA.36005 (2013/NN) implemented by Greece for Piraeus Bank Group relating to the recapitalisation and restructuring of Piraeus Bank SA (notified under document C(2014) 5217) (Only the English text is authentic) (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2015-455",
  "path": "annex/appendix",
  "kind": "appendix",
  "number": null,
  "heading": null,
  "text": "Macroeconomic projections for Greek domestic operations\n% annual growth(unless otherwise stated)\n2012\n2013\n2014\n2015\n2016\n2017\nCumulative growth rate 2013-2017\nReal GDP\n-6,4\n-4,2\n0,6\n2,9\n3,7\n3,5\n6,4\nNominal Loan growth Greece\n-6,4\n-4,2\n0,6\n2,9\n3,7\n3,5\n6,4\nGDP deflator\n-0,8\n-1,1\n-0,4\n0,4\n1,1\n1,3\n1,3\nProperty prices\n-11,7\n-10\n-5\n0\n2\n3,5\nNominal household disposable income\n-8,8\n-9,5\n-0,3\n-0,4\n2,6\n3,6\n-4,5\nPrivate Sector deposits\n-7\n1,3\n1\n3,4\n5\n5\n16,6\nUnemployment (%)\n24,2\n27\n26\n24\n21\n18,6\nECB refinancing rate (%)\n0,75\n0,5\n0,5\n1\n1,5\n1,75\nNPL formation peak\n2H2014\nEuribor 3 months (average, %)\n0,24\n0,43\n0,75\n1,25\n1,8\nAccess to capital markets — repos\nYES — No Cap\nAccess to capital market — covered/senior unsecured\nYES — up to EUR 500 million each\nYES — up to EUR 1 billion each\nYES — No Cap",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2015/455/annex/appendix",
    "retrieved_at": "2026-11-01T15:14:25.570335+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}