Greece [electronic resource] : First Review Under the Stand-By Arrangement.

International Monetary Fund
Washington, D.C. : International Monetary Fund, 2010.
IMF eLibrary
IMF Staff Country Reports; Country Report No. 10/286.
IMF Staff Country Reports; Country Report No. 10/286
Government document
1 online resource (107 p.)
Local subjects:
Account deficits.
Accrual rate.
Accrual rates.
Accumulation of arrears.
Age of retirement.
Banking sector.
Basic pension.
Benefit formulas.
Benefit payments.
Budget law.
Budget position.
Budget revenues.
Budgetary control.
Budgetary funds.
Capital expenditure.
Capital expenditures.
Cash balance.
Cash balances.
Contingent liabilities.
Contributory pension.
Debt service.
Earnings history.
Economic indicators.
Excessive deficit procedure.
Expenditure cuts.
Fiscal accounts.
Fiscal adjustment.
Fiscal agency.
Fiscal assumptions.
Fiscal balances.
Fiscal consolidation.
Fiscal control.
Fiscal deficit.
Fiscal deficit target.
Fiscal discipline.
Fiscal effort.
Fiscal framework.
Fiscal institutions.
Fiscal issues.
Fiscal management.
Fiscal measures.
Fiscal outcomes.
Fiscal performance.
Fiscal planning.
Fiscal policies.
Fiscal policy.
Fiscal pressures.
Fiscal program.
Fiscal reforms.
Fiscal reporting.
Fiscal revenue.
Fiscal risk.
Fiscal risks.
Fiscal rule.
Fiscal savings.
Fiscal strategy.
Fiscal sustainability.
Fiscal targets.
Foreign debt.
Global competitiveness.
Government budget.
Government budgets.
Government deficit.
Government expenditures.
Government fiscal deficit.
Government revenue.
Gross wage.
Health care.
Health care system.
Health care systems.
Inflation indexation.
Insurance companies.
Insurance supervision.
Interest expenditure.
Labor force.
Labor force participation.
Labor market reforms.
Legal framework.
Life expectancy.
Local government budgets.
Long-term projections.
Medium-term fiscal framework.
Medium-term fiscal strategy.
Mutual fund.
National accounts.
Nominal wage.
Payment control.
Payment controls.
Pension costs.
Pension expenditure.
Pension funds.
Pension plans.
Pension reform.
Pension reforms.
Pension scheme.
Pension schemes.
Pension spending.
Pension system.
Pensionable earnings.
Primary deficit.
Primary expenditure.
Private participation.
Public debt.
Public expenditure.
Public finances.
Public pension.
Public spending.
Retirement ages.
Retirement system.
Revenue shortfalls.
Spending control.
Spending cuts.
Stand-by arrangement reviews.
State budget.
State budgets.
Structural fiscal.
Structural fiscal reforms.
Supervisory authority.
Supplementary pension.
Tax administration.
Tax base.
Tax collection.
Tax compliance.
Tax evasion.
Tax increases.
Tax policy.
Tax rates.
Tax revenues.
Wage growth.
The recession is unfolding in line with expectations. Inflation is higher than expected from indirect tax hikes. The key challenges remain restoring fiscal sustainability, safeguarding financial sector stability, and boosting competitiveness—and hence growth and employment. Staff and authorities agreed that nominal growth will be somewhat higher than originally anticipated. The government will facilitate private investment including through the privatization program. Stronger public financial management and especially tax administration are needed to mitigate risks. Advancing tax administration reform is a crucial priority to limit risks.
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