The Costs of Delaying fiscal Consolidation: A Case Study for Greece
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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Since 2004, the fiscal deficit has been brought down by over 5% of GDP to below the 3% limit in 2006, which
is a major achievement. The government plans a more gradual reduction over coming years so that overall
balance or surplus is reached no later than 2010. However, fiscal consolidation should continue, possibly at a
more rapid pace than...
