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  • Greece: Ex Post Evaluation Of Exceptional Access Under The 2010 Stand-by Arrangement; Imf Country

Get Greece: Ex Post Evaluation Of Exceptional Access Under The 2010 Stand-by Arrangement; Imf Country

June 2013 IMF Country Report No. 13/156 2013 International Monetary Fund May 20, 2013 January 29, 2001 January 29, 2001 January 29, 2001 January 29, 2001 Greece: Ex Post Evaluation of Exceptional.

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On 27 October 2011, Eurozone leaders and the IMF settled an agreement with banks whereby they accepted a 50% write-off of (part of) Greek debt. Greece brought down its primary deficit from €25bn (11% of GDP) in 2009 to €5bn (2.4% of GDP) in 2011. However, the Greek recession worsened.

To maintain stability and prevent crises in the international monetary system, the IMF keeps a regular policy dialogue with the governments of its member countries. It assesses economic conditions and recommends policies that enable sustainable growth.

The financial crisis was largely the result of structural problems that ignored the loss of tax revenues due to systematic tax evasion.

Greece completed the early payment of all outstanding IMF credit in April, which terminates the Post Financing Assessment. Growth is expected to remain robust at 3.5 percent in 2022 despite the adverse impact of the war in Ukraine. High energy prices are expected to push up average inflation to 6.1 percent in 2022.

Stand-By Arrangement (2010-2012) On May 3, 2010, the Greek government asked the IMF for a Stand-By Arrangement. The SBA was approved six days later by the Executive Board of the IMF using its Emergency Financing Mechanism. The SBA totaled 26.4 billion SDR, with 4.8 billion immediately available.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232