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Greek Revenue Services, US IRS Sign Agreement for Tax Data Exchange

The US IRS announced this week on its website that the US has entered into a bilateral competent authority agreement with Greece to exchange...

OECD Data Shows Greeks are the Hardest Working People in Europe

The idea that Greeks are lazy, laid-back people when it comes to work, has been a prejudice widely spread in northern Europe; and particularly...

State Debt Amounts to €39,700 per Person in Greece

If Greece were to repay its sovereign debt today, each Greek would have to contribute 39,700 euros (47,869 U.S. dollars), according to the World...

Greece the Only OECD Country to Raise VAT in 2016

Greece is the exception to the general trend that has prevailed in recent years among OECD member countries, to reduce the tax burden on...

Welfare System Needs More Reforms, Greek Officials say

Greece's recession-hit welfare system needs further reforms to keep providing a lifeline to the most vulnerable members of society, Greek officials and experts said. Weakened...

Only 13% of Greeks Trust their Government, Says OECD Report

  An OECD report finds that Greece is one of the four countries worldwide that the citizens' confidence in governments has plummeted. The other three are...

OECD: Greek Economy to Grow 1.1 Percent in 2017, 2.5 Percent in 2018

Greek economy is expected to grow by 1.1 pct this year and by 2.5 pct in 2018, the OECD said in its Global Economic...

Wage Tax Burden Up in Greece, OECD Report

Total tax burden of unmarried wage earners in Greece with an average income from income tax and social contributions paid by both workers and...

Study: Greek State Loses Up To €16 Bln per Year From Tax Evasion

The Greek State loses up to 16 billion euros per year, or 32 percent of annual revenue, from tax evasion, a new study shows. The...

Greece Must Strengthen Social Safety Nets, OECD ‘Going for Growth’ Report Says

Greece must continue to strengthen social safety nets, ease regulation in network industries, enhance efficiency in public administration; improve the fairness and efficiency of...

BoG Governor Sees Opportunity for Necessary Reforms

The Greek economy continues to have competition distortions in some markets and there is significant room to free its dynamism, Bank of Greece governor...

Greece–U.S. Sign Deal on Tax Compliance and Foreign Bank Accounts

Finance Minister Euclid Tsakalotos and U.S. Ambassador to Greece Geoffrey Pyatt signed on Thursday a bilateral agreement to improve international tax compliance and the...

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