41 “... and timely implementation of the authorities’ adjustment program. On the basis of Greece’s current policy...”

42 “...This Selected Issues paper discusses measures taken to enable timely macroprudential action...”

43 “..., Turkey pursued a highly successful policy of macroeconomic stabilization. At the same time, however...”

44 “... and first-time borrowers, where market failures are the largest...”

45 “... brake level should be kept at the current limits, rather than lowered over time, to avoid unduly eroding...”

46 “... for the first time since 2009, following the upward revisions to the deficit targets...”

47 “... is low compared with peers and has been declining over time. Strengthening the tax administration...”

48 “.... The macroeconomic indicators appear aligned with other countries at the time they started EU accession negotiations...”

49 “... policies should be further tightened. At the same time, concerted efforts should be made to alleviate...”

50 “... a buffer and the banking sector remains well-capitalized. At the same time, the political situation...”

51 “... growth. The output gap has seemingly closed for the first time since the global financial crisis...”

52 “.... At the same time, inflation has decelerated substantially over the past two years and a negative output gap...”

53 “... to accelerate in the years ahead. At the same time, labor productivity growth in the euro area has been sluggish...”

54 “... implement more targeted internal restrictions than in neighboring countries. At the same time, emergency...”

55

56 “... fiscal and growth benefits over time...”

57 “...An economic recovery is underway on the heels of the authorities’ large and timely policy response...”

58 “... in London and among first time buyers...”

59 “.... At the same time, the authorities consider that the substantial reduction in access sends a clear signal...”

60 “... percent excluding full-time students. Housing price increases have moderated somewhat in 2017, to 7...”