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Rigidities in Greece’s product and labor markets leading to economic imbalances and the significance of reforms to … work in Greece’s revenue administration and how this effort has been achieved primarily by raising tax rates to high levels … and reducing wages, pensions, and other spending. The third paper is on the need for designing and implementing debt …
Persistent link: https://www.econbiz.de/10014395149
needs to be started in earnest. There is concern about debt relief undermining the payment culture. Reforms to open up the … economy to competition should be stepped up. The macroeconomic and debt outlook must remain under close review …
Persistent link: https://www.econbiz.de/10014395151
policy and the fiscal and debt position sustainable was initiated. However, the program saw opposition from the outset and …
Persistent link: https://www.econbiz.de/10014395152
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
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 …. Public debt is on a downward trajectory and rollover risks appear manageable. The external position last year was moderately …
Persistent link: https://www.econbiz.de/10015060353
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
The 2023 Article IV Consultation highlights that Greece's economic outlook has improved notably. Growth-friendly fiscal … consolidation can further strengthen public debt sustainability while supporting inclusive and green growth. Further tightening in … the near term and maintaining a primary surplus in the medium term would help further strengthen public debt …
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 … is needed to restore debt sustainability. Structural reforms are progressing, although unevenly. The redoubling of …
Persistent link: https://www.econbiz.de/10014409463
Persistent link: https://www.econbiz.de/10015060620