Greece : Stand-By Arrangement: Review Under the Emergency Financing Mechanism

Stand-By Arrangement: Review Under the Emergency Financing Mechanism

Greece : Stand-By Arrangement: Review Under the Emergency Financing Mechanism
Greece has made a strong start with the program, but challenges also remain evident. The economic response to the program has yet to play out fully. Inflation is too high. Fiscal developments are encouraging, but risks need to be addressed. A strong pension reform is essential to bolster fiscal sustainability. Liquidity problems of banks and... READ MORE...

Publication date: July 2010
ISBN 9781455206919
$18.00

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