Greece Is Still Constrained, says Overseas Development Institute

The video discusses Greece's economic situation post-bailout, highlighting the fiscal constraints and growth challenges the country faces. It evaluates the effectiveness of the bailouts, noting Greece's access to financial markets but also its status as one of the poorest EU countries. The discussion emphasizes the need for reforms, particularly privatization and increased investment spending, to improve Greece's economic outlook.

What fiscal target does Greece need to maintain after exiting the bailout program?

• A primary fiscal balance of 4.5%

• A primary fiscal balance of 2.5%

• A primary fiscal balance of 3.5%

• A primary fiscal balance of 5.5%

What is one positive outcome of the creditors' prescriptions for Greece?

• Greece has achieved a 10% growth rate.

• Greece has eliminated all its debt.

• Greece has been able to access financial markets.

• Greece has become the richest country in the EU.

What is a major challenge Greece faces despite accessing financial markets?

• Greece has a surplus of investment spending.

• Greece is the wealthiest country in the EU.

• Greece has no need for economic reforms.

• Greece is one of the poorest countries in the EU.

What is considered the biggest game changer for Greece's growth?

• Privatization and investment spending

• Increasing public sector spending

• Increasing taxes

• Reducing exports

What percentage of GDP does Greece currently spend on investment?

• 50%

• 30%

• 24%

• 11%