Wednesday, November 27, 2013

Recovery should be on the horizon for Greece with improvements in tourism, stable employment and restored competitiveness. Fiscal targets are likely to be met for the second year, and banks have been recapitalized. Political, economic and financial uncertainties cloud these prospects, however, given the renewed tensions with the troika, tight credit conditions and likely delay on a decision on further debt relief.

IIF Authors

Jeffrey Anderson

Jeffrey
Anderson
Senior Director for European Affairs
+1-202-857-3636
janderson@iif.com

Jessica Stallings

Jessica
Stallings
Financial Economist
+1-202-857-3333
jstallings@iif.com

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