The economic adjustment programmes of Greece: 2010-2018

The evaluation consisted in looking at how the design and the implementation of the three programmes contributed to the attainment of the programmes’ objectives over the period 2010-2018. The analysis presented in this report payed special attention to the European Commission’s role and action. Yet, decisions and measures taken by IMF, EFSF, ESM, the ECB and the Eurogroup affected the design and achievement of the joint objectives are accounted for in the evaluation. Against this background, the evaluation of the Greek adjustment programmes is centred on the five criteria of the Better Regulation framework: relevance, effectiveness, efficiency, coherence and EU value added.

 The evaluation began in January 2021 and was completed in August 2021 when the final report was approved.