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OECD

Educated Greeks Show Alarming Rate of Unemployment

Among the 34 EU member states, Greece has the highest rate of unemployed people aged 15-29 with a college or university degree. According to the Paris-based agency of the Organization for Economic Cooperation and Development (OECD) 40% of educated...

Greeks are the Hardest Working People in Europe, Rank 4th Worldwide

Greeks are the hardest working people in Europe and rank fourth internationally, according to a new survey by the Organization for Economic Co-operation and Development (OECD). Mexicans work more than anyone else, followed by Costa Ricans and Koreans. Greeks come...

OECD: Greece Among Countries with Less Alcohol Consumption Per Capita

A recent OECD report revealed that Lithuania has the highest per capita consumption of alcoholic beverages. On the other hand, Greece, occupies one of the lowest positions on this list. Specifically, Greece ranked 32nd among the 44 countries classified...

Greeks Have an Average Life Expectancy of 81.4 Years

The Organization for Economic Cooperation and Development (OECD) has ranked its member countries' average life expectancy based on data from 2013. Average life expectancy at birth was 81.4 years for Greeks, the OECD reports. There is a high discrepancy between average...

Greece Ranks Low on Map of Trust

Greece ranks low in Europe's map of trust, according to a survey conducted by the Organisation for Economic Co-operation and Development. The survey studies the measure of trust the citizen has in institutions and fellow citizens. The four major categories...

Greece Has the Largest Number of Unemployed Graduates

Greece has the highest unemployment rate among graduates of higher education institutions, according to a publication in Forbes magazine, which relied on official data released by the OECD. Specifically, according to Forbes, the percentage of Greek unemployed university graduates has risen...

OECD: Greek GDP Per Capita Dropped By 22.8% in Eight Years

The Organization for Economic Cooperation and Development published new data on Tuesday that highlights, among other figures, the negative performance of the Greek economy in the last eight years between the first quarters of 2007 and 2015. The initial decline in Greece's various economic indexes...

Varoufakis: Greece Is Preparing 'Ambitious Reform Agenda' with OECD Help

Greek Finance Minister Yanis Varoufakis said on Wednesday he discussed an “ambitious reform agenda” with OECD Secretary General Angel Gurria, as well as an “agreement at a political level,” while he noted that he does not expect a deal at...

OECD: 1 in 2 Greeks Not Satisfied With Their Lives

Greeks appear less satisfied with their lives, according to an OECD survey, which found that one in two citizens have expressed dissatisfaction with their daily routine. Specifically, according to the Better Life Index, the Greeks are less satisfied with life...

Euro Working Group Teleconference on Greece Concludes

The Euro Working Group (EWG) teleconference, in which Greece participated with Greek Finance Ministry general secretary Nikos Theocharakis and economic experts' team head George Houliarakis who are currently in Paris, concluded on Wednesday evening. After the teleconference, the institutions' representatives returned to the...