Greece: Selected Issues

February 16, 2005

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Format: Chicago

Greece: Selected Issues, (USA: International Monetary Fund, 2005) accessed November 23, 2024

Summary

This Selected Issues paper analyzes the structure, supervision, and stability of the Greek financial sector. It highlights that the Greek financial system has limited exposure to international financial markets. However, some banks have formed strategic alliances with major European financial institutions to benefit from their operational and product sophistication. This paper also suggests that policies to strengthen the public finances and improve product and labor market performance are needed to lay the groundwork for Greece to follow the Irish path of high and sustained real-income growth.

Subject: Banking, Commercial banks, Credit, Financial institutions, Income, Labor, Labor markets, Loans, Money, National accounts

Keywords: Bank, Banking sector, Capitalization level, Commercial banks, CR, Credit, Enterprise, Financial system, Global, Government, Income, ISCR, Labor force, Labor markets, Loans, Market share, Per capita income, Private sector, Risk management tool, Wage

Publication Details

Pages:

31
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/038
Stock No:

1GRCEA2005001
ISBN:

9781451816198
ISSN:

1934-7685

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