To sum up the findings concerning the economic performance of Greece, the report identifies a number of positive developments, such as a significant reduction in HICP inflation and substantial progress towards improving the fiscal situation. However, continued efforts to support sustained price stability are of particular importance for Greece.
This implies an ongoing need for tight fiscal policies and decisive structural reforms aimed at improving the functioning of product and labour markets. In this context a speedier transposition of Single Market legislation into national law, further progress on the liberalisation of a number of network industries and determined efforts to overcome structural rigidities in the labour market are warranted.