Resolving insolvency takes 3.5 years, compared to 1.7 years in the OECD high-income economies. Thus, the recovery rate is 33.2% in Greece against 70.5% in the OECD high-income economies. 5.
Policy actions to address short- and medium- to long-term challenges  The reformist policy agenda of the new Greek government, elected last July, is viewed positively by the international financial markets, as indicated by the rapid decline in Greek government bond yields, which, as already said, currently stand at below 1.4%.