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2 Nv-13 Nv-13 Nv-13 Nv-13 S&P STOXX 600 ATHENS GEN. INDEX With nearly a week t g befre the heads f the trika missin return t Athens t resume discussins with dmestic authrities in the cntext f the current prgram review, Greece s Premier Antnis Samaras and Deputy Prime Minister Evaggels Venizels will hld their first meeting f the New Year later in the day. Accrding t the lcal press, items expected t dminate the agenda will include: (i) the utstanding issues underlying the current prgram review e.g. the size f a prjected fiscal gap in FY-2014 and ways/strategies t cver it, prjected fiscal gaps in FY-2015 & FY-2016 and the update f the gvernment s medium-term fiscal plan (MTSF ), third party-taxes, dmestic labr market refrm and scial security cntributins; and (ii) issues related t Greece s six-mnth rtating EU Presidency which cmmenced n January 1 st, In ther news, the mst recent Bank f Greece data shwed that private sectr depsits t dmestic MFIs rse in Nvember, halting five cnsecutive mnths f declines. In mre detail, crprate and husehld depsits t dmestic MFIs increased by 658mn (r 0.4%mm), reaching bn. MSCI Credit Ratings L-T ccy Mdy's S&P Fitch SERBIA B1 BB- BB- ROMANIA Baa3 BB+ BBB- BULGARIA Baa2 BBB BBB- CYPRUS Caa3 B- B- 2

3 ROMANIA: Indicatrs e 2014f Real GDP grwth % CPI (pa, yy %) Budget Balance/GDP Current Accunt/GDP EUR/RON (ep) current f Plicy Rate (ep) Surce: EC Ecnmic Frecasts, Reuters, Blmberg, Eurbank Glbal Markets Research, lcal authrities BULGARIA: Indicatrs e 2014f Real GDP grwth % HICP (pa, yy %) Budget Balance/GDP Current Accunt/GDP EUR/BGN (ep) current f Plicy Rate (ep) N/A N/A N/A Surce: EC Ecnmic Frecasts, Reuters, Blmberg, Eurbank Glbal Markets Research, lcal authrities 3

4 Nv-13 Nv-13 Nv-13 Feb-13 Apr-13 Jun-13 Aug-13 Oct-13 Nv-13 Dec-13 Nv-13 Nv-13 GLOBAL MARKETS Stck markets FOREX Gvernment Bnds Cmmdities Last ΔD ΔYTD Last ΔD ΔYTD (yields) Last ΔDbps ΔYTD bps Last ΔD ΔYTD S&P % -1.2% EUR/USD % -0.9% UST - 10yr GOLD % 2.8% Nikkei % -2.9% GBP/USD % -1.0% Bund-10yr BRENT CRUDE % 0.0% STOXX % -0.2% USD/JPY % 1.0% JGB - 10yr LMEX % -1.0% SEE MARKETS SERBIA ROMANIA BULGARIA Mney Market Mney Market Mney Market BELIBOR Last ΔDbps ΔYTD bps ROBOR Last ΔDbps ΔYTD bps SOFIBOR Last ΔDbps ΔYTD bps T/N O/N LEONIA week mnth mnth mnth mnth mnth mnth mnth mnth mnth mnth mnth RS Lcal Bnds RO Lcal Bnds BG Lcal Bnds Last ΔDbps ΔYTD bps Last ΔDbps ΔYTD bps (yields) Last ΔDbps ΔYTD bps 3Y RSD Y RON Y BGN Y RSD Y RON Y BGN Y RSD Y RON Y BGN RS Eurbnds RO Eurbnds BG Eurbnds Last ΔDbps ΔYTD bps Last ΔDbps ΔYTD bps Last ΔDbps ΔYTD bps USD Nv EUR Sep USD Jan USD Nv USD Aug EUR Jul CDS CDS CDS Last ΔDbps ΔYTD bps Last ΔDbps ΔYTD bps Last ΔDbps ΔYTD bps 5-year year year year year year STOCKS STOCKS STOCKS Last ΔD ΔYTD Last ΔD ΔYTD Last ΔD ΔYTD BELEX % 0.41% BET % -0.37% SOFIX % 3.07% FOREX FOREX FOREX Last ΔD ΔYTD Last ΔD ΔYTD Last ΔD ΔYTD EUR/RSD % -0.11% EUR/RON % -0.55% USD/BGN % -0.91% 600 BELEX15 Index 7000 BET Index 550 SOFIX Index EUR/RSD 4.65 EUR/RON 1.55 USD/BGN

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