This web page presents information about the work of the IMF in Greece, including the activities of the IMF Resident Representative Office. Additional information can be found on the Greece and IMF country page, including IMF reports and Executive Board documents that deal with Greece.

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At a Glance

  • Member since December 27, 1945

  • Quota: SDR1,101.80 million 

    Each member country of the IMF is assigned a quota, based broadly on its relative position in the world economy. A member country's quota determines its maximum financial commitment to the IMF, its voting power, and has a bearing on its access to IMF financing.

  • Greece is represented in the Executive Board of the IMF in a group of countries led by Italy and also includes Albania, Greece, Malta, San Marino, and Timor-Leste. 

    The Executive Board is responsible for conducting the day-to-day business of the IMF. It is composed of 24 Directors, who are appointed or elected by member countries or by groups of countries. The Managing Director serves as its Chairman. The Board usually meets several times each week. It carries out its work largely on the basis of papers prepared by IMF management and staff.

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Greece and the IMF

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