By authority of that law, the Bank of Greece adopted Executive Committee Acts Nos 82/2016 and 95/2016 detailing the licencing framework for credit servicing firms, striking a balance between speed, transparency, efficiency and borrower protection.
In the period since, the economy has grown in every quarter except three. Graph 1  BIS Review 108/2010  1  There were a couple of periods when economic growth slowed noticeably, but at no time did year-ended growth turn negative. The lowest rate that year-ended growth fell to was 0.7 per cent. That was in the year to the March quarter 2009.