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The Case for Making the Greek Budget More Growth Friendly

M. Thomsen, Poul, (2016), “The Case for Making the Greek Budget More Growth Friendly”, IMF, 12 Δεκεμβρίου

The overriding objective of the IMF’s engagement with Greece is to help the country put itself back on a path of sustainable growth that benefits the Greek people. In this regard, we think that the current structure of the Greek budget is a serious constraint on growth. Below we provide a more detailed explanation of why the Greek budget in its current form is growth unfriendly, and why solving this problem requires tax and pension reforms.

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