Laura Papi is Assistant Director in the European Department of the International Monetary Fund, heading the Southern 2 Unit covering Cyprus, Greece, and Portugal. She is Mission Chief for Portugal, and in the past 4 years led the work for the Regional Economic Outlook Report for Europe. She has about 28 years of experience, of which 25 at the IMF. She has worked on a broad range of topics and has recently focused on corporate sector issues. She has worked on many countries in Europe, Asia, and Africa and, most recently was IMF mission chief for South Africa and India. Previously, she worked as Associate Director at Deutsche Bank, London, in Emerging Market Research focusing on Turkey and Emerging Europe (1997 – 2000).