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Greece entered the pandemic with an unfinished recovery, but the country has demonstrated resilience in facing COVID-19 …. The economy contracted by 8.2 percent in 2020, better than expected given Greece's high dependence on tourism and pre …
Persistent link: https://www.econbiz.de/10015060621
The 2023 Article IV Consultation highlights that Greece's economic outlook has improved notably. Growth-friendly fiscal …
Persistent link: https://www.econbiz.de/10015058734
This paper discusses Greece's Fifth Review Under the Extended Arrangement Under the Extended Fund Facility (EFF), and … Request for Waiver of Nonobservance of Performance Criterion and Rephasing of Access. Greece has gone from having the weakest …
Persistent link: https://www.econbiz.de/10014409463
Greece has weathered the pandemic well, with a considerably stronger-than-expected recovery. Reforms progressed in … several areas, including digitalization, privatization, improving the fiscal policy mix, and bank balance sheet repair. Greece …
Persistent link: https://www.econbiz.de/10015060353
The short-term objectives are being met, but medium-term targets and sustainability have to be worked on. The impressive fiscal adjustment evident since the crisis erupted is continuing. The Executive Directors commend the Greek government’s determination to focus on overdue spending cuts....
Persistent link: https://www.econbiz.de/10014395151
Fiscal expansion after euro accession led to a buildup of large economic imbalances, and a program to make fiscal policy and the fiscal and debt position sustainable was initiated. However, the program saw opposition from the outset and structural reforms stalled, which unsettled the investment...
Persistent link: https://www.econbiz.de/10014395152
Persistent link: https://www.econbiz.de/10015060620
Greece. The Greek government has provided substantial support to households and enterprises to cope with the high cost of …
Persistent link: https://www.econbiz.de/10015058733
Greece’s deep recession has continued unabated, with the economy struggling to gain traction against domestic political … progress with structural reforms. The structural transformation of Greece’s economy continues to proceed at a slow pace, and … this is making Greece’s adjustment more costly. Institutional reforms continued to disappoint during 2012, again …
Persistent link: https://www.econbiz.de/10014395412
Persistent link: https://www.econbiz.de/10015060352