Monday , September 26 2022
Home / Tag Archives: OECD

Tag Archives: OECD

OECD: Social security contributions, property & consumption taxes remain high in Greece

Greek citizens continue to pay among the highest social security contributions in Organization for Economic Cooperation and Development (OECD) countries, while consumption and property taxes remain high too, according to a Tax Foundation study. On the contrary, revenues from the income taxation of individuals and corporations are significantly lower than …

Read More »

Greek contender for OECD chair Diamantopoulou withdraws candidacy

Former EU Commissioner and PASOK minister Anna Diamantopoulou announced on Monday she was withdrawing her candidacy in the race to become the next head of the Organization for Economic Co-operation and Development (OECD). Diamantopoulou was one of three candidates left in the race. She posted on her Twitter account: I …

Read More »

OECD: Recession in Greece lower than the Eurozone average

The Greek economy will contract at a smaller rate in 2020 compared with the Eurozone average, the Organisation for Economic Cooperation and Development (OECD) said in its semi-annual report on the global economic outlook. This forecast comes in opposition to forecasts made by the European Commission and the International Monetary …

Read More »

Greece’s middle-class lost 6% annual income in the crisis years

A global study by the Organisation for Economic Co-operation and Development (OECD), released on Wednesday, shows that middle-class incomes in crisis-battered Greece for households hover from nearly 8,000 euros to just more than 21,000 euros per year, a figure amongst the lowest for European OECD member-states. The study, entitled “Under …

Read More »

Every Greek owes €29,700 to foreign lenders, says OECD

Every Greek owes €29,700 to country’s foreign lenders, says a debt analysis by the Greek Federation of Enterprises (SEV). The analysis is based on the report “How’s Life” 2017 conducted by the Organization for Economic Cooperation and Development (OECD) on the impact of disinvestment in natural, human, economic and social …

Read More »

OECD report 2018: Greece keeps No 1 place in tax increases

The latest report by the Organization for Economic Co-operation and Development (OECD) on tax policy clearly shows that Greece continues to be a champion in taxation. The report practically confirms what Greek taxpayers and business owners have been knowing and pay in the last couple of years. that the moment …

Read More »

Greece deserves Debt Relief, austerity reforms must continue, says OECD chief Gurria

Greece has made an “enormous” reform effort since its debt crisis broke out and its international lenders must now grant the country debt relief, OECD chief Angel Gurria said while on a visit to Athens on Monday. Gurria, who met Greek Prime Minister Alexis Tsipras in Athens, urged Greece to …

Read More »

OECD Greece report: High taxes and almost nonexistent benefits

Over taxation of low and medium incomes, low wages, non existing benefits, a poor education system: these are the key words in chapter “Greece” as presented by the Organization for Economic Cooperation and Development (OECD) in its Going for Growth 2018 report beginning of the week. the international organization takes …

Read More »

Life expectancy in Greece dropped in 2015 for the first time, says OECD

Life expectancy in Greece rose for decades but dropped in 2015, in the sixth year of economic crisis and austerity measures that brought also dramatic expenditure cuts in the health sector. According to data from Organization for Economic Cooperation and Development (OECD), after 2014 there was a fall in Greek …

Read More »

OECD report: Greece only country that increased taxes, VAT and social contributions in 2016

Greece is defying the prevalent trend among the world’s industrialized nations for reducing tax rates in order to boost investment and competitiveness, a report published by the Organization for Economic Cooperation and Development (OECD) has shown. In contrast Greece has increased labor and corporate taxes, Value Added Tax as well …

Read More »

Greece has mass production of “unemployed labor-craft with higher education”

Greeks continue to ‘invest’ in education and ‘produce’ qualified jobless despite the high unemployment among the youth and the highly skilled labor craft. According to OECD’s latest report “Education at Glance 2015” Greece has the highest rate in higher education. The Organization for Economic Cooperation and Development found in its …

Read More »

OECD cuts Greece’s Growth Outlook, increases Debt/GDP and Unemployment projections

The Organization for Economic Cooperation and Development cut its global growth forecast, saying investment is lagging and risks including a possible Greek default are hurting confidence. In its semi-annual report the OECD says  that “the world economy will expand 3.1 percent this year, down from the 3.7 percent predicted last …

Read More »

OECD: Greek families with kids are taxed higher than singles

It doesn’t worth to be married with kids in Greece. Tax-wise. While taxes and social security contributions swallow 43.4% of the salary of a taxpayer without family, families with children are taxed with 3 percentage points more. According to a survey conducted by the Organization for Economic Cooperation and Development …

Read More »