The government signed a memorandum of economic and financial policies for a three-year program with the so-called "troika: made up of the IMF, the European Commission and European Central Bank. ... The structural reform will concentrate on areas in the healthcare, public enterprises, tax administration, privatization of state assets, and public enterprises.2 The EU-IMF program had the dual of undertaking a large fiscal adjustment to address fiscal insolvency and, simultaneously, achieving "internal devaluation" to close the competitiveness gap. ... For example of the first...

• Word Count: 1464
• Approx Pages: 6
• Has Bibliography

On the other hand this leaves a very wide definition in which many items may not be considered as 'goods' for example in the case of R v Thompson, (1978), 4where 'goods' were taken to include gold and silver collectors, coins however not in circulation as legal tender. ... The four mandatory requirements are effectiveness of fiscal supervision, the fairness of commercial transactions, public health protection and consumer protection. ... The Article reads that restrictions of imports and exports can be justified on the grounds of public morality, public policy or public s...

• Word Count: 1283
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate