* * *  Recent economic developments Despite the somewhat better than expected data for the first quarter, in part due to temporary factors, the most recent information indicates that global headwinds continue to weigh on the euro area outlook.
1  Combined resources of which account for almost 90 percent of the total resources of the banking system. 2  Registry of scriptless securities of the Bureau of Treasury. We have also started revitalizing the trust business to widen investor base with the gradual phase out of common trust fund (CTF) for a better product called unit investment trust fund (UITF).