Tag Archives: OECD

Greece’s economy is strong and is projected to grow at a rate of 2.3% in 2024, 2.2% in 2025 and 2.5% in 2026, according to the biannual OECD Economic Outlook report released by the Organization for Economic Cooperation and Development on Wednesday. “Rising disposable income will strengthen consumption, as a …

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Greece performs well in a limited number of dimensions of well-being relative to other countries in the Better Life Index, an OECD report has found out. Greece outperforms the average in health. It underperforms average in income, jobs, education, environmental quality, social connections, civic engagement and life satisfaction. These assessments …

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The Greek economy remains resilient and is expected to grow at a rate of 2% in 2024 and 2.5% in 2025 as rising employment and real wages and strong tourism boost consumption, according to the OECD’s six-monthly report. Despite the slowdown in new job growth, the employment rate and labour …

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The fourth most expensive country worldwide in terms of food prices is Greece the latest report by the  the Organization for Economic Cooperation and Development (OECD) said. According to OECD, food inflation stood at 6.7% in February from 8.3% in January. This means that the government’s measures to combat high …

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The recovery of the Greek economy from the Covid-19 crisis was strong, supported by the continuation of reforms, the Organisation for Economic Cooperation and Development (OECD) said in an Economic Survey on Greece which was presented by OECD Secretary-General Mathias Cormann alongside Greek Primer Minister Kyriakos Mitsotakis on Tuesday. The …

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Greece is one of the top five countries in the Organization for Economic Cooperation and Development (OECD) in value-added tax charges and the first in the eurozone, together with Finland. Indirect tax revenues currently make up about 56.4% of takings in Greece, while direct taxes account for 35.4% (the rest …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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As if we, Greeks, wouldn’t pay the highest charges for mobile phone services among the member states of the organization for Economic Cooperation and Development. Now, one service provider will increase charges for sending MMS. and trust me, other soon will follow this hikes policy. A recent OECD report, revealed …

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Greeks topped the list for prescription and consumption of antibiotics in 2017 in an annual Health report by the Organisation for Economic Co-operation and Development (OECD) published on Friday. According to the data, more than 35 prescriptions per 1,000 people are recorded in Greece, which translates to an average of …

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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 …

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The increase in income tax, the decrease of tax- free allowance and and increase in social security  contributions paid by employees and their employers have dramatically reduced the Greeks’ incomes. According to the latest report of the OECD “Taxing Wages 2017” Greece is among the champions of 35 members of …

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While we have been busy with the Refugee Crisis, the institutions have been working for us. The Organisation for Economic Co-operation and Development (OECD), for example, has been collecting economic data, evaluating them and comming to conclusion that The refugee crisis creates significant problems for the Greek economy and growth …

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