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Greece


  • 22-October-2007

    English

    The Costs of Delaying Fiscal Consolidation: A Case Study for Greece

    Since 2004, the fiscal deficit has been brought down by over 5% of GDP to below the 3% limit in 2006. The government plans a more gradual reduction so that overall balance or surplus is reached no later than 2010. These and other points are discussed in this working paper.

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