04440oam 22011894 450 991016503580332120250426110500.09781475576283147557628597814755763201475576323(CKB)3710000001064751(MiAaPQ)EBC4807097(IMF)1GRCEA20170031GRCEA2017003(EXLCZ)99371000000106475120020129d2017 uf 0engurcnu||||||||rdacontentrdamediardacarrierGreece : Ex-Post Evaluation of Exceptional Access Under the 2012 Extended Arrangement-Press Release; Staff Report;and Statement by the Executive Director for GreeceWashington, D.C. :International Monetary Fund,2017.1 online resource (77 pages) illustrations (some color), tables, graphsIMF Staff Country Reports9781475576252 1475576250 Includes bibliographical references.This paper discusses Greece’s Ex Post Evaluation of Exceptional Access Under the 2012 Extended Arrangement. 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. On the basis of Greece’s current policy adjustment program, long-term growth is expected to reach slightly lower than 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, related to incomplete or delayed policy implementation.IMF Staff Country Reports; Country Report ;No. 2017/044Banks and BankingimfExports and ImportsimfFinancial Risk ManagementimfMacroeconomicsimfPublic FinanceimfDebtimfDebt ManagementimfSovereign DebtimfFiscal PolicyimfInstitutions and the MacroeconomyimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfInternational Lending and Debt ProblemsimfPublic finance & taxationimfFinanceimfBankingimfInternational economicsimfPublic debtimfFiscal consolidationimfDebt reliefimfStructural reformsimfFiscal policyimfAsset and liability managementimfMacrostructural analysisimfDebt sustainabilityimfExternal debtimfDebts, PublicimfDebts, ExternalimfBanks and bankingimfGreeceGuidebooksGreeceDescription and travelGreeceimfBanks and BankingExports and ImportsFinancial Risk ManagementMacroeconomicsPublic FinanceDebtDebt ManagementSovereign DebtFiscal PolicyInstitutions and the MacroeconomyBanksDepository InstitutionsMicro Finance InstitutionsMortgagesInternational Lending and Debt ProblemsPublic finance & taxationFinanceBankingInternational economicsPublic debtFiscal consolidationDebt reliefStructural reformsFiscal policyAsset and liability managementMacrostructural analysisDebt sustainabilityExternal debtDebts, PublicDebts, ExternalBanks and banking914.950476DcWaIMFBOOK9910165035803321GREECE112492UNINA