IMF Staff Country Reports

Greece: Request for Stand-By Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Greece

Publication Date:

July 20, 2017

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses Greece’s Request for Stand-By Arrangement (SBA). The program will be narrowly focused on policies that can help restore macroeconomic stability in the medium run and facilitate market access in Greece. It seeks to provide breathing space to mobilize broad political support for the deeper structural reforms needed for Greece to liberalize its economy and prosper within the euro area in the long term. The program will also provide a framework for Greece’s European partners to deliver debt relief to restore Greece’s debt sustainability.

Series:

Country Report No. 2017/229

Subject:

Asset and liability management Debt relief Expenditure Fiscal policy Income Labor National accounts Nonperforming loans Pension spending Wages