Greece: Selected Issues

August 7, 2009

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Format: Chicago

Greece: Selected Issues, (USA: International Monetary Fund, 2009) accessed September 19, 2024

Summary

This Selected Issues paper provides updates on Greece’s financial stability framework. The paper highlights that the Bank of Greece (BoG) has strengthened the financial stability framework over recent years. In addition to the liquidity provided by the euro system through its regular refinancing operations and standing facilities, the BoG can provide emergency liquidity assistance (ELA) to financial institutions. In response to the global financial crisis, the authorities have assisted bank capital and funding. A manual has been developed to monitor financial stability and spell out contingency plans for the management of crises.

Subject: Commodity markets, Employment, Financial markets, Financial statements, Fiscal stance, Labor, Labor market reforms, Labor markets, Public financial management (PFM)

Keywords: Accounting balance sheets, Bank, BoG, Commodity markets, CR, Eastern Europe, Employment, Europe, Financial statements, GDP, GDP ratio, Global, ISCR, Labor market reforms, Labor markets, Private sector, Product market reform, Wage, Wage moderation, Western Europe

Publication Details

Pages:

40
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/245
Stock No:

1GRCEA2009003
ISBN:

9781451816334
ISSN:

1934-7685

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