Recovery of the Greek Economy

4 ROBUST LIQUIDITY MANAGEMENT Greece has maintained a substantial liquidity buffer throughout the crisis, in excess of EUR 29bn Greece's Cash Reserves (€bn) 38,0 38,6 38,5 35,9 33,1 36,0 31,1 29,3 32,2 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 louv-21 Source: PDMA ||| FUNDING THROUGHOUT THE RECOVERY 20 20

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