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Economic Reforms in Greece: a Heraclean Task

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Listed:
  • Niklas Potrafke
  • Markus Reischmann

Abstract

The refugee crisis has pushed economic reforms into the background of public debate in Greece in recent months. There is currently a discussion between European institutions and the International Monetary Fund as to how far Greece has implemented the reform requirements of the third bail-out package of July 2015, and whether budgetary goals can be achieved. This article shows which reforms Greece has implemented in the pension system and in the value-added tax system, and how the privatisation process is progressing.

Suggested Citation

  • Niklas Potrafke & Markus Reischmann, 2016. "Economic Reforms in Greece: a Heraclean Task," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 69(06), pages 22-25, March.
    • Handle: RePEc:ces:ifosdt:v:69:y:2016:i:06:p:22-25
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    References listed on IDEAS

    as
    1. Hans-Werner Sinn, 2015. "The Greek Tragedy," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 68(1), pages 03-33, May.
      • Hans-Werner Sinn, 2015. "The Greek Tragedy," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 15(1), pages 5-35, June.
    2. Niklas Potrafke & Markus Reischmann, 2016. "How to Handle the Crisis in Greece? Empirical Evidence Based on a Survey of Economics Experts," CESifo Working Paper Series 5860, CESifo.
    3. Hans-Werner Sinn, 2015. "The Greek Tragedy," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 2015(JUNE), pages 5-35, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems

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