The Greek program had two main objectives: first, to restore the sustainability of Greek fiscal situation and, second, to enhance the competitiveness of the Greek economy. There are many who doubt that Greece can indeed get out of its fiscal predicament through the stabilization program agreed between Greece, the European Commission, the ECB and the IMF and its subsequent amendments. The crisis of confidence affected as international investors in Greek bonds and internal agents such as firms and households. Greece lost the confidence of international investors, and thus cannot borrow on the international level. In addition, he has lost the confidence of domestic firms and households that have refrained from investing in plant and equipment, and real estate. This is the second crisis of confidence, which was linked to the first, but also to the tax policy followed since the end of 2009, contributed to the unprecedented deep and long recession which makes financial predicament Greece is even worse.