European Commission, “Commission recommends closing Excessive Deficit Procedure for Greece”, Press Release, 12 July 2017
The Commission has decided to recommend to the Council to close the Excessive Deficit Procedure (EDP) for Greece. This follows the substantial efforts in recent years made by the country to consolidate its public finances coupled with the progress made in the implementation of the European Stability Mechanism (ESM) support programme for Greece.
Relevant Posts
- Efstathiou, Konstantinos, Wolff, Guntram B., (2017), «How export growth achieved adjustment of massive trade deficits in the euro area», Bruegel, 31 May
- Papadimitriou, Dimitri B., Nikiforos, Michalis, Zezza, Gennaro, (2016), «Greece: Getting Out of the Recession», Levy Economics Institute of Bard College, September