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This 2019 Article IV Consultation with Greece discusses that public debt is projected to trend down over the next … decade, though long-term sustainability is not assured under realistic macro-fiscal assumptions. Still-weak bank balance … leave Greece vulnerable to a range of external and domestic shocks. Greece's prospects for improved living standards and …
Persistent link: https://www.econbiz.de/10012122833
devaluation and subsequent low productivity gains reinforce the view that Greece has further to go to address its external … Greece must preserve its labor cost competitiveness while increasing efforts to facilitate price adjustment in product …
Persistent link: https://www.econbiz.de/10012122835
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 …
Persistent link: https://www.econbiz.de/10012011180
This 2016 Article IV Consultation highlights that Greece has made significant progress in unwinding its macroeconomic … basis of Greece's current policy adjustment program, long-term growth is expected to reach just under 1 percent, and the …
Persistent link: https://www.econbiz.de/10011691023
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 …
Persistent link: https://www.econbiz.de/10011691043
This Selected Issues paper analyzes insolvency and enforcement issues in Greece. The Greek insolvency and creditor …
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legacies and an unfinished policy reform agenda in most areas weigh on Greece's prospects. High public debt, weak bank balance …Greece has stabilized its economy and begun to grow. The authorities deserve credit for largely eliminating … risk of poverty remains high. Bank credit continues to shrink. Structural reform efforts to address obstacles to growth and …
Persistent link: https://www.econbiz.de/10011919830