European Parliament Library

Greece, First Review Under the Stand-By Arrangement, International Monetary Fund

Abstract
The recession is unfolding in line with expectations. Inflation is higher than expected from indirect tax hikes. The key challenges remain restoring fiscal sustainability, safeguarding financial sector stability, and boosting competitiveness—and hence growth and employment. Staff and authorities agreed that nominal growth will be somewhat higher than originally anticipated. The government will facilitate private investment including through the privatization program. Stronger public financial management and especially tax administration are needed to mitigate risks. Advancing tax administration reform is a crucial priority to limit risks
Table Of Contents
Cover; Contents; I. Recent Economic Developments; II. Policy Discussions; A. Macroeconomic Framework; B. Fiscal Policy; Boxes; 1. The Fiscal Management Bill; 2. Pension Reform; C. Financial Sector; D. Structural Policy and Data Reporting; 3. Reforming State-controlled Banking Entities; 4. Labor Market Reform; 5. Road Freight Reform; 6. Public Enterprises and Privatization; III. Program Modalities and Safeguards Assessment; IV. Staff Appraisal; Figures; 1. Selected Indicators, 2000-10; 2. Labor Markets, 2001-10; 3. Balance of Payments Indicators; 4. Financial Indicators, 2007-10
Language
eng
Literary Form
non fiction
Copyright
Edition
First edition.
Note
Description based upon print version of record
Physical Description
1 online resource (107 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781455258659

Library Locations

  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR
    Borrow
  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
    Borrow
  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
    Borrow