Dallara: Greece Is Still in Intensive Care

The transcript discusses Greece's economic challenges, emphasizing the need for a change in strategy to allow for economic recovery. It highlights the importance of debt restructuring and the role of the IMF in providing support. The discussion also covers the long-term nature of Greece's economic issues, the need for structural reforms, and the leadership required to achieve debt reduction and sustainable growth.

What is the primary focus of the economic strategy discussed for Greece?

• Increasing exports

• Running a substantial primary surplus

• Reducing inflation

• Enhancing tourism

What is the main challenge in restructuring Greece's debt according to the second section?

• High unemployment rates

• Insufficient economic growth

• Reluctance of the official sector to take cuts

• Lack of political will

What role should the IMF play in Greece's economic recovery?

• Act as a policy adviser only

• Provide loans and be actively engaged

• Focus on other European countries

• Reduce its involvement

What cultural tendency is mentioned as a deep-seated issue in Greece's economy?

• Avoiding paying taxes

• Over-reliance on tourism

• High levels of corruption

• Lack of innovation

What is the potential consequence of not pursuing a change in strategy for Greece?

• Rapid economic growth

• More political and societal disruption

• Improved fiscal policies

• Increased foreign investment