Greece: Staff Report for the 2006 Article IV Consultation
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This 2006 Article IV Consultation highlights that economic growth of Greece has been strong for several years, underpinned by a rapid increase in private sector credit, following the liberalization of the financial sector and the sharp drop in interest rates. In 2006, real GDP rose by an estimated 4.1 percent, driven by private domestic demand and a pickup in goods exports. The authorities have introduced a number of significant structural measures to improve product markets. These include simplified business licensing procedures for industrial firms, more flexible overtime, and liberalization of network industries.
Series:
Country Report No. 2007/026
Subject:
Banking Expenditure Financial institutions Fiscal policy Fiscal stance Loans National accounts Public debt
English
Publication Date:
January 25, 2007
ISBN/ISSN:
9781451816273/1934-7685
Stock No:
1GRCEA2007001
Pages:
55
Please address any questions about this title to publications@imf.org