Greece : : Selected Issues

• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2017
• Descrizione fisica: 1 online resource (48 pages) : illustrations
• Disciplina: 382.1709495
• Soggetto topico: Balance of payments - Greece; Fiscal policy - Greece; Taxation - Greece; Finance: General; Labor; Public Finance; Taxation; Demography; Social Security and Public Pensions; Nonwage Labor Costs and Benefits; Private Pensions; Tax Evasion and Avoidance; Bankruptcy; Liquidation; Taxation, Subsidies, and Revenue: General; Pensions; Public finance & taxation; Finance; Labour; income economics; Population & demography; Pension spending; Tax arrears management; Solvency; Tax administration core functions; Expenditure; Revenue administration; Financial sector policy and analysis; Tax administration and procedure; Debt; Retirement; Population aging
• Soggetto geografico: Greece
• Nota di bibliografia: Includes bibliographical references.
• Sommario/riassunto: This Selected Issues paper analyzes insolvency and enforcement issues in Greece. The Greek insolvency and creditor rights framework has improved since the onset of the crisis as a result of successive reforms. Nonetheless, it remains underutilized, fragmented, and distortive, and is not supported by an adequate institutional setting. This is because many of the reforms undertaken in recent years were not part of a coordinated and comprehensive nonperforming loan resolution strategy, but were instead piecemeal and taken without proper stakeholder consultation and impact analysis. Also, the frequent and uncoordinated reforms have undermined legal predictability and certainty. This situation of distress, if left unaddressed, affects enterprises, households and financial and public creditors by preventing investment, credit, and consumption from recovering.
• Titolo autorizzato: GREECE
• ISBN: 1-4755-7576-9; 1-4755-7578-5
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910165034903321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Staff Country Reports; Country Report ; ; No. 2017/041