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Greece request for extended arrangement under the extended fund facility : staff report, staff supplement, press release on the executive board discussion, and statement by the executive director for Greece

This paper discusses Greeceâ??s Fifth Review Under the Extended Arrangement Under the Extended Fund Facility (EFF), and Request for Waiver of Nonobservance of Performance Criterion and Rephasing of Access. Greece has gone from having the weakest to the strongest cyclically adjusted fiscal position within the euro area in just four years. But more fiscal adjustment is needed to restore debt sustainability. Structural reforms are progressing, although unevenly. The redoubling of efforts to liberalize products and service markets are much welcomed. On the basis of reforms undertaken in the contex.

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  • "This paper discusses Greeceâ??s Fifth Review Under the Extended Arrangement Under the Extended Fund Facility (EFF), and Request for Waiver of Nonobservance of Performance Criterion and Rephasing of Access. Greece has gone from having the weakest to the strongest cyclically adjusted fiscal position within the euro area in just four years. But more fiscal adjustment is needed to restore debt sustainability. Structural reforms are progressing, although unevenly. The redoubling of efforts to liberalize products and service markets are much welcomed. On the basis of reforms undertaken in the contex."@en
  • "In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries."@en
  • "In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country."@en
  • "Greece: Stand-By Arrangement - Review Under the Emergency Financing Mechanism."@en

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  • "Electronic books"@en
  • "Electronic books"

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  • "Greece request for extended arrangement under the extended fund facility : staff report, staff supplement, press release on the executive board discussion, and statement by the executive director for Greece"@en
  • "Greece : fifth review under the extended arrangement under the extended fund facility, and request for waiver of nonobservance of performance criterion and rephasing of access; staff report; press release; and statement by the executive director for Greece"@en
  • "Greece"
  • "Greece"@en