Greece Selected Issues

This Selected Issues paper and Statistical Appendix presents a number of studies designed to probe in more depth issues of fiscal adjustment, the public sector’s creditworthiness as judged by foreign lenders, and the banking system in Greece. The paper highlights that fiscal adjustment in Greece has...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1999
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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651 4 |a Greece 
653 |a Finance, Public 
653 |a Interest rates 
653 |a Inflation 
653 |a Public Administration 
653 |a Finance 
653 |a Budget Systems 
653 |a Productivity 
653 |a Financial statements 
653 |a Financial services 
653 |a Real interest rates 
653 |a Deflation 
653 |a Public finance accounting 
653 |a Production 
653 |a Industrial productivity 
653 |a Currency 
653 |a Budget planning and preparation 
653 |a Budgeting 
653 |a Macroeconomics: Production 
653 |a Price Level 
653 |a Accounting 
653 |a Public Sector Accounting and Audits 
653 |a Budget 
653 |a Prices 
653 |a Macroeconomics 
653 |a Public financial management (PFM) 
653 |a Interest Rates: Determination, Term Structure, and Effects 
653 |a Financial reporting, financial statements 
653 |a National Budget 
653 |a Budgeting & financial management 
653 |a Foreign exchange 
653 |a Production and Operations Management 
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520 |a This Selected Issues paper and Statistical Appendix presents a number of studies designed to probe in more depth issues of fiscal adjustment, the public sector’s creditworthiness as judged by foreign lenders, and the banking system in Greece. The paper highlights that fiscal adjustment in Greece has followed a gradual path, relying to a significant extent on revenue enhancement and eschewing primary expenditure reduction. The paper also examines the evolution and tax determinants of the most widely followed indicator of the health and competitiveness of a banking system—the lending-deposit spread