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534 - Electricity Tariff Deficit: Temporary or Permanent problem in the EU? - Asa Johannesson Linden , Fotios Kalantzis, Emmanuelle Maincent, Jerzy Pienkowsk

534 - Electricity Tariff Deficit: Temporary or Permanent problem in the EU? - Asa Johannesson Linden , Fotios Kalantzis, Emmanuelle Maincent, Jerzy Pienkowsk

October 2014

The objective of this paper is to define, identify and compare the cases of electricity tariff deficits in the EU Member States.

Categories: EU Member State economiesStructural policies, growth and development

Series : Economic Papers

 
Market Reforms at Work in Italy, Spain, Portugal and Greece

Market Reforms at Work in Italy, Spain, Portugal and Greece

September 2014

Market reforms to boost economic activity and competitiveness have been a central part of Europe’s response to the crisis.

This report estimates the potential impact of a selection of such market reforms in four of Europe’s most vulnerable economies: Italy, Greece, Portugal and Spain.

Categories: Product markets

Series: European Economy

 
192 - The Second Economic Adjustment Programme for Greece. Fourth Review

192 - The Second Economic Adjustment Programme for Greece. Fourth Review

April 2014

This report provides an assessment of the progress made by Greece with respect to its Second Economic Adjustment Programme, based on the findings of a four-part joint Commission/ECB/IMF mission to Athens between 16-29 September 2013, 28 October-8 November 2013, 2-15 December 2013 and 24 February-17 March 2014. The report examines current macroeconomic, financial and fiscal developments and assesses compliance with programme conditionality.

 
518 - The Puzzle of the Missing Greek Exports - Uwe Böwer, Vasiliki Michou, Christoph Ungerer

518 - The Puzzle of the Missing Greek Exports - Uwe Böwer, Vasiliki Michou, Christoph Ungerer

April 2014

Why is Greece such a surprisingly closed economy? We employ a gravity model of trade to explain the appallingly poor export performance of Greece and argue that weak institutional quality accounts for a large part of this shortfall.

Categories : Structural policies, growth and development; Labour markets; Product markets, Financial markets
Series :Economic Papers

 

87 - The Economic Adjustment Programme for Greece - Fifth review

December 2011

A joint Commission/ECB/IMF mission met with the Greek authorities in Athens from 21 August to 2 September and from 27 September to 11 October 2011. The mission assessed compliance by Greece with the terms and conditions of the fifth review under the economic adjustment programme and updated conditionality for the next reviews.

The document contains in annex the following updated programme documents:

  • the Memorandum of Economic and Financial Policies (MEFP)
  • the Memorandum of Understanding on Specific Economic Policy Conditionality (MoU)
  • the Technical Memorandum of Understanding (TMU)
 

77 - The Economic Adjustment Programme for Greece - Third review

February 2011

24/2/2011

A joint Commission/ECB/IMF mission met with the Greek authorities in Athens on 27 January – 11 February 2011. The mission assessed compliance by Greece with the terms and conditions of the second review under the economic adjustment programme and updated conditionality for the next reviews.

The document contains in annex the following updated programme documents:

  • the Memorandum of Economic and Financial Policies (MEFP);
  • the Memorandum of Understanding on Specific Economic Policy Conditionality (MoU);
  • the Technical Memorandum of Understanding (TMU)

On 24 February the European Commission assessed measures taken by Greece to remedy the situation of excessive deficit. Subject to the approval of the Eurogroup, the overall assessment of compliance paves the way for the next tranche of loans provided by the euro-area Member States.

 

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