Each participating institution was asked to supply detailed information, in a standardized format, about the composition of its residential real estate portfolios, including breakdowns by type of product, loan-to-value ratio, FICO score, year of origination, and so on. These data allowed supervisors to consistently estimate potential future losses across firms using a variety of independently constructed models.
Therefore, the Greek economy needs an investment shock, with a focus on productive and extrovert business investment, to avoid output hysteresis and foster a rebalancing of the growth model in favour of tradeable goods and services. One of the obstacles to the adjustment of the economy is the scarcity of investment finance. In recent years, the household saving ratio has been negative.