From: GORGIO MANTZAVINATOS

From: GORGIO MANTZAVINATOS To: "jeffrey E." <[email protected]> Subject: Re: Greece Developments Date: Sun, 06 Mar 2016 17:34:11 +0000 By the way in order to be clear with you my personal opinion is that we will stay in EU GGM On Sun, Mar 6, 2016 at 2:53 PM, jeffrey E. <[email protected]> wrote: thanks, do you think greece will leave euro On Sun, Mar 6, 2016 at 7:49 AM, GORGIO MANTZAVINATOS < wrote: Dear Jefrey Hope my email finds you well and enjoy Mexico As requested by our common friend Seikh Jabor i am writing this email to you in order to update you in Greek situation which is unique. After 6 years of continuing recession 3 Banking recapitalization and 3 Government changes we are exactly in the same level plus the major refugee problem that we are facing lately. Unemployment rate officially close to 30%, no major reforms except tax increased and a bunch of jokers for Government conclude the situation today. As i told you previously i am with a contract with Alvarez & Marsal Greece and due to our job with the major 4 systemic Banks the NPL ratio is around 42-43% heading to 45% at the end of this year. The title of this book could be " The perfect catastrophe" My opinion is that we are going to see worst in the next months till September,October( probably a 4th round of recapitalization for our Banks) that most of the people agree that the boys from your site will take some major initiatives in order to relief Greek debt. This is more or less my view and hope to help you to get a more understanding opinion on the Greek problem. If you need anything please dont hesitate to drop me an email. Best Regards George G. Mantzavinatos please note The information contained in this communication is confidential, may be attorney-client privileged, may EFTA00651892 constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00651893