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87 - The Economic Adjustment Programme for Greece - Fifth review

Author(s): European Commission, Directorate-General for Economic and Financial Affairs

The Economic Adjustment Programme for Greece - Fifth reviewpdf(2 MB) Choose translations of the previous link 

Summary for non-specialistspdf(95 kB) Choose translations of the previous link 


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)

(European Economy. Occasional Papers 87. December 2011. Brussels. Paper and internet. 187pp. Tab. )

ISBN 978-92-79-19348-4 (online)
ISSN KC-AH-11-087-EN-N (online)
doi: 10.2765/17837 (online)

Occasional Papers are written by the staff of the Directorate-General for Economic and Financial Affairs, or by experts working in association with them. The Papers are intended to increase awareness of the technical work being done by staff and cover a wide spectrum of subjects. Views expressed in unofficial documents do not necessarily reflect the official views of the European Commission.

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