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), New York Chief Operating Officer Vice-President, Beer and Better World Group Head, Human Resources and Communications Vice-President, Sales, Western Europe, Africa and Middle East President, Chairman of the Board and Chief Executive Officer Senior Vice-President, Global Initiatives, Strategy and Bus
Switzerland People's Republic of China Switzerland Switzerland USA United Kingdom USA Spain Pakistan USA USA Japan Germany USA Chile Slovenia Russian Federation Russian Federation Ethiopia Switzerland USA France Egypt Algebris Investments (UK) LLP United Kingdom Fortune Magazine B
a and Pacific 3% and the rest of the world 4%.45 \Z Sellers of the assets purchased by the SOF Funds were located in (by value) North America 43%, Western Europe 55% and the rest of the world 3%.46 The Manager expects to leverage non-monetary factors, such as confidentiality, trust, speed and certainty of e
nd, Republic of Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, The Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom of Great Britain and Northern Ireland. Proprietary and Confidential 49 EFTA01397903 Greg Martin return i
a and Pacific 3% and the rest of the world 4%.45 \Z Sellers of the assets purchased by the SOF Funds were located in (by value) North America 43%, Western Europe 55% and the rest of the world 3%.46 The Manager expects to leverage non-monetary factors, such as confidentiality, trust, speed and certainty of e
nd, Republic of Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, The Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom of Great Britain and Northern Ireland. Proprietary and Confidential 49 EFTA01395861 GLDUS125 Gerald Ford
a and Pacific 3% and the rest of the world 4%.45 \Z Sellers of the assets purchased by the SOF Funds were located in (by value) North America 43%, Western Europe 55% and the rest of the world 3%.46 The Manager expects to leverage non-monetary factors, such as confidentiality, trust, speed and certainty of e
nd, Republic of Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, The Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom of Great Britain and Northern Ireland. Proprietary and Confidential 49 EFTA01396425 GLDUS126 Pacific Life
a and Pacific 3% and the rest of the world 4%.45 \Z Sellers of the assets purchased by the SOF Funds were located in (by value) North America 43%, Western Europe 55% and the rest of the world 3%.46 The Manager expects to leverage non-monetary factors, such as confidentiality, trust, speed and certainty of e
nd, Republic of Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, The Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom of Great Britain and Northern Ireland. Proprietary and Confidential 49 EFTA01395397 GLDUS143 Henry Nichol
a and Pacific 3% and the rest of the world 4%.45 \Z Sellers of the assets purchased by the SOF Funds were located in (by value) North America 43%, Western Europe 55% and the rest of the world 3%.46 The Manager expects to leverage non-monetary factors, such as confidentiality, trust, speed and certainty of e
nd, Republic of Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, The Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom of Great Britain and Northern Ireland. Proprietary and Confidential 49 EFTA01397098 GLDUS127 Annandale Ca
.0 4.7 1.4 -7.3 -9.1 -10.4 -12.5 6.5 -1.4 4.0 7.5 5.4 -7.5 -8.1 9.8 6.1 -1.5 -6.9 1.8 -5.0 6.0 -1.8 11.5 -1.4 11.2 4.6 11.6 Western Europe -59.4 -64.8 -88.4 -98.9 -112.8 -125.6 -118.5 -109.0 -93.9 -61.1 -60.8 -63.2 -66.4 Germany -29.1 -29.1 -35.9 -39.3 -45.8 -50.6 -47.9 -44.7 -43.0 -2
as decided that progress would be made through a limited group of 1 Austria, Belgium, Estonia, France, Germany, Greece, Italy, Portugal, Slovakia, Slovenia, Spain 2 A number of Eurozone states, including France and Italy, have already introduced financial transaction EFTA01464315 taxes at a national
Return to long-term trend ¢ The Eurozone crisis abates. Financial market conditions recover, mitigating the drag from fiscal austerity. ¢ Growth in Western Europe turns decisively positive by early 2013 and the US economy grows above trend. & Negative scenario (Probability: 15%*) Recession ¢ There are three ke
Page: HOUSE_OVERSIGHT_025254 →and a possible gradual exit later. Portugal and Ireland should remain on track with their bailout packages, Cyprus will likely get a new package and Slovenia may ask for help soon. A Positive scenario (Probability: 15%*) Return to macro stability ¢ Bond yields are contained as peripheral countries’ budget
Page: HOUSE_OVERSIGHT_025255 →Entities connected to both Western Europe and Slovenia

Belgium
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Norway
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Denmark
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Finland
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Hungary
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United Kingdom
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Luxembourg
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Ireland
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United States
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Estonia
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Bulgaria
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Slovakia
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Cyprus
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Czech Republic
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Latvia
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Romania
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Lithuania
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Croatia
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Malta
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Liechtenstein
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