01895cas a2200241 a 4500 AALejournalIMF017413 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475575743 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Greece : Selected Issues. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (47 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 Selected Issues paper analyzes insolvency and enforcement issues in Greece. The Greek insolvency and creditor rights framework has improved since the onset of the crisis as a result of successive reforms. Nonetheless, it remains underutilized, fragmented, and distortive, and is not supported by an adequate institutional setting. This is because many of the reforms undertaken in recent years were not part of a coordinated and comprehensive nonperforming loan resolution strategy, but were instead piecemeal and taken without proper stakeholder consultation and impact analysis. Also, the frequent and uncoordinated reforms have undermined legal predictability and certainty. This situation of distress, if left unaddressed, affects enterprises, households and financial and public creditors by preventing investment, credit, and consumption from recovering. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/041 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/041/002.2017.issue-041-en.xml IMF e-Library