The pandemic interrupted a modest recovery. Following Greece's early and strict containment measures, GDP contracted by … expected in Q3, the peak of Greece's tourism season. The fiscal response to the pandemic has been wellorganized and has … Greece's public debt is sustainable over the medium-term but its long-term public debt sustainability is not assured under a …

This paper discusses Greece's Ex Post Evaluation of Exceptional Access Under the 2012 Extended Arrangement. Greece has … exceptionally high unemployment. On the basis of Greece's current policy adjustment program, long-term growth is expected to reach …

This paper discusses Greece's Request for Stand-By Arrangement (SBA). The program will be narrowly focused on policies … that can help restore macroeconomic stability in the medium run and facilitate market access in Greece. It seeks to provide … breathing space to mobilize broad political support for the deeper structural reforms needed for Greece to liberalize its …

This paper discusses Greece's First Post-Program Monitoring discussions. The economic recovery in Greece is … accelerating and broadening. Growth and job creation in Greece are expected to accelerate further in 2019. However, vulnerabilities … and boosting productivity and competitiveness. Greece should reconsider recent changes in collective bargaining policies …

Greece has stabilized its economy and begun to grow. The authorities deserve credit for largely eliminating … legacies and an unfinished policy reform agenda in most areas weigh on Greece's prospects. High public debt, weak bank balance …

This 2019 Article IV Consultation with Greece discusses that public debt is projected to trend down over the next … leave Greece vulnerable to a range of external and domestic shocks. Greece's prospects for improved living standards and … administration and public financial management. Greece's success within the currency union critically hinges on narrowing its …