1 0 -1 -2 -3 CY 16  -3 CY 16  Energy <7%> Services <66%> Goods <28%> CPI <100%>  Euro Area  y/y % chg.  5  18  y/y % chg.  17  18  19  20  21  Chart 8  CPI for All Items Less Fresh Food 2  y/y % chg.  1  0 Mobile phone charges Effects of the "Go To Travel" campaign Effects of the consumption tax hike and free education policies Energy  -1  -2  Excluding the above factors CPI (less fresh food)  -3 CY 16  17  18  19  20  21  Notes: 1.
The principal differences in favor of OLA are the greater speed at which a firm can be placed into a resolution process and stabilized, the ability to avoid disruptive creditor actions, and the availability of temporary backup liquidity support to continue critical operations.