01656cas a2200241 a 4500 AALejournalIMF002498 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451816112 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Greece : Staff Report for the 2003 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (52 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2003 Article IV Consultation highlights that the economic expansion that began in Greece in the mid-1990s has continued unabated, with some employment gains in 2002 for the first time in four years. GDP increased by 4 percent in 2002, well above the European Union (EU) average, but external imbalances remained large. High capacity utilization, EU transfers, and preparations for the 2004 Olympics underpinned investment. Divergent cyclical positions and relatively high labor cost increases kept inflation well above the euro area average. Consumer price inflation averaged close to 4 percent in 2002. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2003/156 Full text available on IMF http://elibrary.imf.org/view/journals/002/2003/156/002.2003.issue-156-en.xml IMF e-Library