Greece: Staff Report for the 2005 Article IV Consultation
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This 2005 Article IV Consultation highlights that economic growth in Greece has been strong for several years, underpinned by a large fall in interest rates owing to adoption of the euro and subsequent European Central Bank easing. In 2005, the authorities implemented substantial fiscal consolidation, reducing the budget deficit to 4.6 percent of GDP on IMF staff calculations. Economic growth in 2006 and beyond is likely to be moderate compared with the high rates enjoyed in previous years, though it should remain comfortably above the euro area average.
Series:
Country Report No. 2006/004
Subject:
Banking Expenditure Fiscal consolidation Fiscal policy Fiscal stance Public debt Revenue administration
English
Publication Date:
January 6, 2006
ISBN/ISSN:
9781451816235/1934-7685
Stock No:
1GRCEA2006001
Pages:
60
Please address any questions about this title to publications@imf.org