Greece: Recent Economic Developments and Selected Issues
Summary:
This paper reviews macroeconomic developments in the Greek economy in 1995 and early 1996. During that period, the economic recovery gathered strength, driven by a strong pick-up in domestic investment. Although the recovery led to a moderate increase in employment, it did not prevent an increase in the unemployment rate. Inflation continued to decelerate gradually through 1995, but picked up somewhat in the early months of 1996 reflecting in part one-off exogenous factors. These macroeconomic developments, as well as key structural measures adopted in 1995 and early 1996, are described in detail in this paper.
Series:
Country Report No. 1996/121
Subject:
Employment Labor Labor force Labor markets Unemployment Wages
English
Publication Date:
November 20, 1996
ISBN/ISSN:
9781451816068/1934-7685
Stock No:
1GRCEA0011996
Pages:
221
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