Tag Archive for Greece

IMF, EU, European Central Bank “Troika” Greece Debt Sustainability Analysis October 21, 2011

Since the fourth review, the situation in Greece has taken a turn for the worse, with the economy increasingly adjusting through recession and related wage-price channels, rather than through structural reform driven increases in productivity. The authorities have also struggled to meet their policy commitments against these headwinds. For the purpose of the debt sustainability assessment, a revised baseline has been specified, which takes into account the implications of these developments for future growth and for likely policy outcomes. It has been extended through 2030 to fully capture long term growth dynamics, and possible financing implications.

Greece and Italy Riot Photos December 2010

Fabrizio Terrezza – http://www.flickr.com/photos/fabriter1985/ Michele Massetani – http://www.flickr.com/photos/gigiomc/ Giacomo Cosua – http://www.flickr.com/photos/jacko83/ Andrea Veroni – http://www.flickr.com/photos/andreatm/ Alessandro – http://www.flickr.com/photos/diffaphoto/ makisraf – http://www.flickr.com/photos/efthymios-gourgouris/