Assessment and Recommendations I. Macroeconomic Developments and Prospects -The Greek Economy in a Medium-Term Perspective -The Macroeconomic Policy Environment -Economic Developments in 2001 and Early 2002 -The Economic Outlook to 2003 II. Fiscal Policy Issues -Budgetary Developments in 2001 -Fiscal Prospects for the Period 2002-4 and Medium-Term Fiscal Issues -Public Debt Developments and Debt Management -Tax Reform III. Public Expenditure in Greece -Introductio and Summary -Size and Structure of the Public Sector -Assessing Public Expenditures -Reforming Public Expenditure Management -Conclusions and Recommendations IV. Progress in Structural Reform -Greece's Longer-Term Performance in an International Perspective -Raising Employment Rates -Improving the Human Capital of the Labour Force -Product Market Reforms -Enhancing the Efficiency of Financial Markets Annex I. Supporting Tables for Chapter III Annex II. Factors that Will Impact on Budgetary Outcomes in the Future Annex III. The Main Features of the Law on the Liberalisation of the Electricity Market Annex IV. Calendar of Main Economic Events