The Greek Economy a Decade Later - Constantine MICHALOPOULOS Senior Policy Advisor, ELIAMEP;

3 The Greek Economy a Decade Later Introduction In late 2023 the Economist published its annual review of the economic performance of OECD countries.1 Subtitled ‘Another unlikely triumph’ and ‘From the ruins’ it showed that for the second year in a row, the Greek economy performed best in the OECD. [...] The Economist noted that the Greek economy was ‘until recently a byword for unemployment mismanagement’ and that the IMF praised the government in its recent Article IV stood at 29%, and there was plenty of consultation for its efforts to promote the digital transformation of the economy and Grexit talk. [...] Six months after the latter took office, and just before the onset of the pandemic, I population are argued that the EU should give Greece a new deal: the government should be allowed to below the poverty line, compared to pursue more expansionary fiscal policies than those implied by the agreed primary surplus 14% in the EU. [...] These include the usual suspects—the but income sclerotic judicial system, tax evasion in the large informal sector and the self-employed and distribution the still low level of investment; as well as the new challenges arising from the need to indicators showed address climate change.10 that, while still higher, inequality came closer to the Both the IMF and the government’s perspective—let alone. [...] 8 The Greek Economy a Decade Later Migration In the context of the new EU policy on migrants and refugees, the government needs to develop a national plan that has three dimensions: (a) the quantity and skills of new immigrants that need to be added to the labor force; (b) investment and recurrent costs of integrating refugees and/or illegal immigrants into the economy; (c) simplification of requi.