Greece

Spearheading economic growth and promoting investments to create jobs, improving the stability of public finances and providing an effective social safety net are crucial to help Greece recover from its six-year old economic crisis, underscores the latest report of...

The tax burden for the one-earner Greek couple with 2 children is the biggest of the 34 OECD member countries. In particular, according to OECD’s report the tax burden at the AW level increased by 3.8 percentage points from...

  According to the Organization for Economic Co-operation and Development’s (OECD) (released by Kathimerini), there is a large decrease in the net salary of the Greeks. OECD’s data shows that the net salaries of the Greeks has decreased by 1.7 percent...

The Greek Minister of Finance, Yiannis Stournaras was stunned by the findings of the Organisation for Economic Co-operation and Development’s report concerning the course of the Greek economy. Besides the prediction of further recession (0.4 percent) during 2014 --...

Greeks spend more money on health care compared to citizens of other member countries. This is according to an Organization for Economic Co-operation and Development (OECD) study. The Hellenic Federation of Enterprises (SEV) issued a report titled "Health in Greece"...

Greece received some relatively good economic news this week from the OECD, coming hot on the heels of recent revelations the struggling country was first among 35 nations for tax hikes in 2016. The OECD’s economic report for Greece on...

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 implementation of the law on Foreign Account Tax Compliance Act (FATCA), as well as the...

Greece recorded the third highest tax ratio increase among OECD countries in the 2013-2014 period, with an 1.5% increase, following Denmark (3.3%) and Iceland (2.8%), the Organization for Economic Cooperation and Development said on Thursday. In its annual Revenue Statistics publication,...

The Greek city of Volos could become the setting of yet another Guinness World Record. Members from 20 Guinness Record-holding countries will visit Volos as part of a conference that aims to promote the area. The world record will be broken in...

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...

Greece's Finance Minister Yanis Varoufakis emailed a list of structural reforms and measures which the Greek government is prepared to implement in order to complete the agreement for an extension at Friday's Eurogroup. The Greek government’s list of proposals includes commitments...

Greece's claim that a deal with its international lenders was imminent over unsettled reforms and a hole in the 2014 budget appeared overly optimistic as the two sides became involved in tough negotiations that must be finished before a...

Greek Finance Minister Yannis Stournaras said on Monday that further rescue funding is unlikely to be approved before March as European officials meeting in Brussels pressed Athens to intensify its reform efforts. Speaking to reporters after a Eurogroup meeting, Stournaras...

Greece's international lenders have warned there won't be any deal on delayed reforms, needed before more monies can be released in the spring, unless the government finally lifts barriers to competition and scraps taxes on products that are hindering...

The forecasts for unemployment in 2014 are ominous, according to data in a recent OECD report, which estimate that unemployment will dramatically increase in 2014, leaving 48 million people jobless in 34 member states of the OECD, among which...