They relate in particular to the risks to the outlook for economic activity as well as to risks to commodity prices. Turning to the monetary analysis, the latest data confirm the high month-to-month volatility of developments in M3 and its components observed since the intensification of the financial turmoil in September 2008.
Preconditions for a sustainable recovery To address the existing risks and challenges and to remain on a sustainable recovery path, economic policy must focus on the following eight issues: i. Attract FDI and increase openness As already mentioned, the economic adjustment and the structural improvements in Greece during the past seven years have been one of the largest ever undertaken by any country.