inflation expectations. The short- and long-run effects of a rise in official interest rates and tax increases are analyzed. The …

"Greece and Italy initiated efforts to improve public debt management and develop their domestic debt markets … fiscal deficits, high levels of interest rates and inflation, and serious policy credibility problems impeded the use of long … inflation. When reliance on captive sources of finance was substantially reduced and policy credibility was established, both …

logistics sector in Greece and to develop policy recommendations. The World Bank is carrying out the project at the request of … a technical assistance package provided by the World Bank Group to the Government of Greece on enhancing the business … environment and trade logistics. The package has been facilitated by the Task Force for Greece (TFGR, an arm of the European …