01911cas a2200241 a 4500 AALejournalIMF014438 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498338196 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Greece : Fifth Review Under the Extended Arrangement Under the Extended Fund Facility, and Request for Waiver of Nonobservance of Performance Criterion and Rephasing of Access. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (226 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 paper discusses Greece's Fifth Review Under the Extended Arrangement Under the Extended Fund Facility (EFF), and Request for Waiver of Nonobservance of Performance Criterion and Rephasing of Access. Greece has gone from having the weakest to the strongest cyclically adjusted fiscal position within the euro area in just four years. But more fiscal adjustment is needed to restore debt sustainability. Structural reforms are progressing, although unevenly. The redoubling of efforts to liberalize products and service markets are much welcomed. On the basis of reforms undertaken in the context of this review, and the government's policy commitments going forward, the IMF staff supports the completion of the fifth review. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2014/151 Full text available on IMF http://elibrary.imf.org/view/journals/002/2014/151/002.2014.issue-151-en.xml IMF e-Library