{"id":1049,"date":"2010-06-01T12:35:53","date_gmt":"2010-06-01T09:35:53","guid":{"rendered":"http:\/\/hardouvelis.gr\/?p=1049"},"modified":"2023-08-03T13:53:31","modified_gmt":"2023-08-03T10:53:31","slug":"greek-economy-stability-programme","status":"publish","type":"post","link":"https:\/\/hardouvelis.gr\/el\/greek-economy-stability-programme\/","title":{"rendered":"The Greek Economy &#038; its Stability Programme"},"content":{"rendered":"<p class=\"qtranxs-available-languages-message qtranxs-available-languages-message-el\">\u0395\u03b3\u03b3\u03c1\u03b1\u03c6\u03ae \u03b4\u03b9\u03b1\u03b8\u03ad\u03c3\u03b9\u03bc\u03b7 \u03c3\u03c4\u03b1 <a href=\"https:\/\/hardouvelis.gr\/en\/wp-json\/wp\/v2\/posts\/1049\" class=\"qtranxs-available-language-link qtranxs-available-language-link-en\" title=\"English\">English<\/a>. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language.<\/p><p><strong>The Greek Economy &amp; its Stability Programme<\/strong><br \/>\nAuthors: G.Hardouvelis, D.Malliaropulos, P.Monokroussos, T.Anastasatos, T.Stammatiou, T.Sampaniotis<br \/>\n<em>Publication: Economy &amp; Markets, Eurobank Research, Volume 5, Issue 3, June 2010<\/em><\/p>\n<p><strong>Key points:<\/strong><\/p>\n<ul>\n<li>A restructuring of the Greek debt, a possibility currently discounted by markets, does not seem either likely or necessary<\/li>\n<li>The EU\/IMF Programme has a high chance to succeed as Pros outweigh the Cons by a significant margin<\/li>\n<li>Our baseline scenario predicts a debt-to-GDP ratio of 90% in 2020 relative to EU\/IMF\u2019s 119%; If growth gradually reaches historical norms by 2015, the ratio can decline below 72%<\/li>\n<li>The Greek economy has strong growth potential resulting from: strong productivity growth, public sector crowding in, structural reforms and institutions\u2019 building, potential for exports growth<\/li>\n<li>There is potential for positive surprises in fiscal consolidation: significant fiscal cushion embedded in the Programme, gradual capturing of the underground economy, scope for further decline of the public debt burden from privatizations and exploitation of public property<\/li>\n<\/ul>\n<p><a href=\"http:\/\/hardouvelis.gr\/wp-content\/uploads\/2017\/12\/EMGrEconomyStabilityJune302010Final.pdf\">Download The Greek Economy and its Stability Programme pdf<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>\u0395\u03b3\u03b3\u03c1\u03b1\u03c6\u03ae \u03b4\u03b9\u03b1\u03b8\u03ad\u03c3\u03b9\u03bc\u03b7 \u03c3\u03c4\u03b1 English. For the sake of viewer convenience, the content is shown below in the alternative language. You<\/p>\n","protected":false},"author":1,"featured_media":4399,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,18],"tags":[3252,3253],"yst_prominent_words":[],"class_list":["post-1049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-analysis","category-international","tag-applied-research","tag-efarmosmeni-ereuna"],"acf":[],"_links":{"self":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/1049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/comments?post=1049"}],"version-history":[{"count":1,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/1049\/revisions"}],"predecessor-version":[{"id":1051,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/1049\/revisions\/1051"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/media\/4399"}],"wp:attachment":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/media?parent=1049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/categories?post=1049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/tags?post=1049"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/yst_prominent_words?post=1049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}