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Greece at a Glance Policies for a Sustainable Recovery

Greece at a Glance Policies for a Sustainable Recovery

by The Daily Eye Team December 19 2013, 7:06 pm Estimated Reading Time: 0 mins, 23 secs

The global economy appears to have turned the corner following the worst recession in the post-war period. However, all indications point to a slow and hesitant recovery, with strong headwinds coming from the need to embark on fiscal consolidation. Public finances have indeed suffered badly, but in most countries, the withdrawal of fiscal stimulus, which is needed to ensure the sustainability of public finances, must be balanced against the risk of undermining the nascent recovery. Read here




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