{
  "title": "Greece: Staff Report for the 2001 Article IV Consultation",
  "publication": "IMF Staff Country Reports, March 15, 2002",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/greece-staff-report-for-the-2001-article-iv-consultation-15719",
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  "summary": "This 2001 Article IV Consultation highlights that strong economic growth continued in Greece in 2001, but the economy was not immune from the global slowdown. GDP increased by about 4 percent, led by robust domestic demand.",
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    {
      "heading": "Economic growth and demand",
      "content": "- Strong economic growth continued in Greece in 2001.\n- GDP increased by about 4 percent, led by robust domestic demand."
    },
    {
      "heading": "Investment and interest rates",
      "content": "- Investment growth accelerated, following interest rate convergence with euro area rates and further easing by the European Central Bank."
    },
    {
      "heading": "Private consumption and credit",
      "content": "- Private consumption was buoyed by rapid credit growth."
    },
    {
      "heading": "Inflation dynamics",
      "content": "- Core inflation has remained well above the euro area average.\n- Falling energy prices have lowered headline inflation, as in the rest of the euro area."
    },
    {
      "heading": "Subject areas covered in the report",
      "content": "- Budget planning and preparation\n- Expenditure\n- Fiscal policy\n- Fiscal stance\n- Public debt\n- Public financial management (PFM)\n\n---\n\n Content in this bundle\n\n- cr0256\n  - cr0256 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr0256 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: March 15, 2002",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451816105.002",
    "Strong economic growth continued in Greece in 2001.",
    "GDP increased by about 4 percent, led by robust domestic demand.",
    "Investment growth accelerated, following interest rate convergence with euro area rates and further easing by the European Central Bank.",
    "Private consumption was buoyed by rapid credit growth.",
    "Core inflation has remained well above the euro area average.",
    "Falling energy prices have lowered headline inflation, as in the rest of the euro area.",
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