04782oam 22013214 450 991016503470332120250426110555.09781475575798147557579397814755758281475575823(CKB)3710000001064762(MiAaPQ)EBC4807086(IMF)1GRCEA20170011GRCEA2017001(EXLCZ)99371000000106476220020129d2017 uf 0engurcnu||||||||rdacontentrdamediardacarrierGreece : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for GreeceWashington, D.C. :International Monetary Fund,2017.1 online resource (93 pages) color illustrations, tables, graphsIMF Staff Country Reports9781475575736 1475575734 This 2016 Article IV Consultation highlights that Greece has made significant progress in unwinding its macroeconomic imbalances since the onset of its financial crisis. However, extensive fiscal consolidation and internal devaluation have come at a high cost to society, reflected in declining incomes and exceptionally high unemployment. Growth is projected to accelerate in the next few years, conditional on a full and timely implementation of the authorities’ adjustment program. On the basis of Greece’s current policy adjustment program, long-term growth is expected to reach just under 1 percent, and the primary fiscal surplus is projected to come in at about 1.5 percent of GDP. Downside risks to the macroeconomic and fiscal outlook remain significant.IMF Staff Country Reports; Country Report ;No. 2017/040Banks and BankingimfMacroeconomicsimfPublic FinanceimfTaxationimfIndustries: Financial ServicesimfLaborimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfFiscal PolicyimfTaxation, Subsidies, and Revenue: GeneralimfDebtimfDebt ManagementimfSovereign DebtimfSocial Security and Public PensionsimfPersonal Income and Other Nonbusiness Taxes and SubsidiesimfPublic finance & taxationimfBankingimfFinanceimfPensionsimfLabourimfincome economicsimfFiscal policyimfNonperforming loansimfTax administration core functionsimfPension spendingimfFinancial institutionsimfExpenditureimfWagesimfIncome and capital gains taxesimfTaxesimfBanks and bankingimfLoansimfTax administration and procedureimfIncome taximfIncome economicsimfGreeceEconomic conditionsGreeceEconomic policyGreeceimfBanks and BankingMacroeconomicsPublic FinanceTaxationIndustries: Financial ServicesLaborBanksDepository InstitutionsMicro Finance InstitutionsMortgagesFiscal PolicyTaxation, Subsidies, and Revenue: GeneralDebtDebt ManagementSovereign DebtSocial Security and Public PensionsPersonal Income and Other Nonbusiness Taxes and SubsidiesPublic finance & taxationBankingFinancePensionsLabourincome economicsFiscal policyNonperforming loansTax administration core functionsPension spendingFinancial institutionsExpenditureWagesIncome and capital gains taxesTaxesBanks and bankingLoansTax administration and procedureIncome taxIncome economics330.938DcWaIMFBOOK9910165034703321GREECE112492UNINA