Greece: Selected Issues

Publication Date:

February 16, 2005

Electronic Access:

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Summary:

This Selected Issues paper analyzes the structure, supervision, and stability of the Greek financial sector. It highlights that the Greek financial system has limited exposure to international financial markets. However, some banks have formed strategic alliances with major European financial institutions to benefit from their operational and product sophistication. This paper also suggests that policies to strengthen the public finances and improve product and labor market performance are needed to lay the groundwork for Greece to follow the Irish path of high and sustained real-income growth.

Series:

Country Report No. 2005/038

Subject:

English

Publication Date:

February 16, 2005

ISBN/ISSN:

9781451816198/1934-7685

Stock No:

1GRCEA2005001

Pages:

31

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