This spirit has manifested itself in the re-orientation from an inward to an outward looking economy, especially after joining the euro area in 2001. Greece is now fully espousing globalisation, and its overall beneficial effects more than outweigh the severe damage inflicted on a few traditional Greek industries, such as textiles.
This is evident in the calls we receive to our helpline and the powerful testimony from the individual borrowers that appeared before this Committee last week. As I will outline, we are pushing the limits of our powers to ensure affected customers are remedied appropriately.