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Public Debt, Bad Loans Threaten Tentative Greek Recovery

Greece received some relatively good economic news this week from the OECD, coming hot on the heels of recent revelations the struggling country was...

OECD: Greece Champion in Tax Increase

Greece showed the largest increase in the ratio of taxation to total economic activity among the 35 member states of the Organization for Economic...

Greeks Top List of Antibiotics Consumption in the World, OECD Finds

Greeks topped the list for prescription and consumption of antibiotics in an annual Health report by the Organisation for Economic Co-operation and Development (OECD)...

Greece Lags Behind Albania in “Ease of Doing Business”

Greece ranks 67th in the "Ease of Doing Business 2018" report in a total of 190 countries, when last year was in 61st place. In...

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...

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