{
  "title": "Greece: Fourth Review Under the Stand-By Arrangement and Request for Modification and Waiver of Applicability of Performance Criteria",
  "publication": "IMF Staff Country Reports, July 13, 2011",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/greece-fourth-review-under-the-stand-by-arrangement-and-request-for-modification-and-waiver-25038",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2016/12/31/greece-fourth-review-under-the-stand-by-arrangement-and-request-for-modification-and-waiver-25038",
  "overlayPath": "/en/publications/cr/issues/2016/12/31/greece-fourth-review-under-the-stand-by-arrangement-and-request-for-modification-and-waiver-25038/index.md",
  "summary": "This study is carried out against a backdrop of deep divisions in Greece and in Europe over how to handle the challenges now confronting Greece. Greece’s deeper medium-term policy needs and identifying ways to replace the expected market financing are discussed.",
  "sections": [
    {
      "heading": "Background and Objectives",
      "content": "- Study conducted against a backdrop of deep divisions in Greece and in Europe over how to handle the challenges now confronting Greece.\n- Focused on:\n  - Greece’s deeper medium-term policy needs.\n  - Identifying ways to replace the expected market financing.\n  - Structural reforms to strengthen competitiveness and help the country integrate into the euro area.\n  - Policies necessary to overcome recent inertia and deliver program objectives.\n  - Discussion of a memorandum of financial and economic policies."
    },
    {
      "heading": "Key Findings and Analysis",
      "content": "- Structural reforms are central to strengthening competitiveness and euro-area integration.\n- The report discusses strategies for replacing expected market financing, acknowledging the financing gap facing Greece.\n- Emphasis on overcoming policy inertia to deliver program objectives.\n- The memorandum of financial and economic policies is examined as part of program implementation."
    },
    {
      "heading": "Policy Recommendations and Program Actions",
      "content": "- Undertake structural reforms to strengthen competitiveness.\n- Specify and implement policies to overcome inertia and deliver program objectives.\n- Identify and enact measures to replace expected market financing (detailed measures discussed in the full report).\n\n---\n\n Content in this bundle\n\n- cr11175\n  - cr11175 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr11175 (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2016/12/31/greece-fourth-review-under-the-stand-by-arrangement-and-request-for-modification-and-waiver-25038/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2016/12/31/greece-fourth-review-under-the-stand-by-arrangement-and-request-for-modification-and-waiver-25038/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2016/12/31/greece-fourth-review-under-the-stand-by-arrangement-and-request-for-modification-and-waiver-25038/bundle-manifest.json)",
    "Authors: Arrangement, Request",
    "Published: July 13, 2011",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781462300204.002",
    "Study conducted against a backdrop of deep divisions in Greece and in Europe over how to handle the challenges now confronting Greece.",
    "Focused on:",
    "Structural reforms are central to strengthening competitiveness and euro-area integration.",
    "The report discusses strategies for replacing expected market financing, acknowledging the financing gap facing Greece.",
    "Emphasis on overcoming policy inertia to deliver program objectives.",
    "The memorandum of financial and economic policies is examined as part of program implementation.",
    "Undertake structural reforms to strengthen competitiveness.",
    "Specify and implement policies to overcome inertia and deliver program objectives.",
    "Identify and enact measures to replace expected market financing (detailed measures discussed in the full report).",
    "**_cr11175**"
  ],
  "related": [
    {
      "title": "_cr11175",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2011/_cr11175.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2011/_cr11175.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2011/_cr11175.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2016/12/31/greece-fourth-review-under-the-stand-by-arrangement-and-request-for-modification-and-waiver-25038/index.md",
    "json": "/en/publications/cr/issues/2016/12/31/greece-fourth-review-under-the-stand-by-arrangement-and-request-for-modification-and-waiver-25038/index.json",
    "bundleManifest": "/en/publications/cr/issues/2016/12/31/greece-fourth-review-under-the-stand-by-arrangement-and-request-for-modification-and-waiver-25038/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-14T08:44:02.435Z"
}