Greece: Staff Report for the 2000 Article IV Consultation
Electronic Access:
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Summary:
Greece's integration into the euro area adds urgency to addressing the economic challenges. Securing stabilization gains within the Economic and Monetary Unit (EMU) will depend on labor cost developments, which need to restore an adequate level of competitiveness. Structural reforms, more equitable tax system, and public expenditure reform will be critical for securing stabilization gains. The high unemployment rate reduction will require comprehensive reforms targeted at the most affected labor market segments. An increasingly integrated and open market environment poses challenges for supervision and regulation.
Series:
Country Report No. 2001/052
Subject:
Balance of payments Current account Current account deficits Expenditure Inflation Labor Labor markets Prices
English
Publication Date:
March 28, 2001
ISBN/ISSN:
9781451816099/1934-7685
Stock No:
1GRCEA0012001
Pages:
56
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