I think it is important to have a full Board, in part because of the volume of work, but also because it is helpful to have a diversity of backgrounds and expertise to address the breadth and complexity of the issues that require Board action.
On a positive note, the decline in credit contraction, on an annual basis, which characterised the Greek crisis, appears to have eased, particularly as regards non-financial corporations. In particular, the amount of new originated loans to non-financial corporations with an agreed maturity increased in 2017, and this trend is confirmed for the first eleven months of 2018.