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Greece

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by International Monetary Fund. Euro Dept.
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Greece by International Monetary Fund. Euro Dept.

This paper discusses Greece's Ex Post Evaluation of Exceptional Access Under the 2012 Extended Arrangement. Greece has made significant progress in unwinding its macroeconomic imbalances since the onset of its financial crisis. However, extensive fiscal consolidation and internal devaluation have come at a high cost to society, reflected in declining incomes and exceptionally high unemployment. On the basis of Greece's current policy adjustment program, long-term growth is expected to reach slightly lower than 1 percent, and the primary fiscal surplus is projected to come in at about 1.5 percent of GDP. Downside risks to the macroeconomic and fiscal outlook remain significant, related to incomplete or delayed policy implementation.

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Ebook Details
Pages: 76
Size: 5.2 MB
Publisher: INTERNATIONAL MONETARY FUND
Date published:   2017
ISBN: 9781475576283 (DRM-EPUB)
9781475576320 (DRM-PDF)

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This product is listed in the following categories:

Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Political Science > Public Policy > Economic Policy
Nonfiction > Business & Economics > International > Economics

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Nonfiction > Business & Economics
Nonfiction > Law
Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Social Science
Nonfiction > Political Science
Nonfiction > Business & Economics > Labor
Nonfiction > Business & Economics > Finance
Nonfiction > Political Science > Public Policy > Economic Policy
Nonfiction > Business & Economics > International > Economics
Nonfiction > Business & Economics > Banks & Banking
Nonfiction > Business & Economics > Inflation
Nonfiction > Business & Economics > Development > Economic Development
Nonfiction > Law > Judicial Power
Nonfiction > Business & Economics > Real Estate > Mortgages
Nonfiction > Business & Economics > Economics > Macroeconomics
Nonfiction > Social Science > Third World Development

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05/26/2017
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