01643cas a2200241 a 4500 AALejournalIMF006609 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455206919 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Greece : Stand-By Arrangement; Review Under the Emergency Financing Mechanism. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (31 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 Greece has made a strong start with the program, but challenges also remain evident. The economic response to the program has yet to play out fully. Inflation is too high. Fiscal developments are encouraging, but risks need to be addressed. A strong pension reform is essential to bolster fiscal sustainability. Liquidity problems of banks and gradual solvency erosion require continued vigilance. Confidentiality considerations are complicating effective engagement of the Policy Support Instrument. The importance of strong reforms for future growth cannot be overestimated. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2010/217 Full text available on IMF http://elibrary.imf.org/view/journals/002/2010/217/002.2010.issue-217-en.xml IMF e-Library