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Greece

OECD Says Greek Economy to Begin Recovery in 2021 in New Report

In an overall positive report regarding the prospects for the Greek economy, the Organization for Economic Cooperation and Development (OECD) reported on Tuesday that although the economy will contract by 10 percent in 2020 due to the ramifications of the...

Greece Nominates Former EU Commissioner for OECD Top Post

For the first time, Greece, a founding member of the OECD, has officially presented a candidacy for the position of the Organization’s next Secretary General, the former EU Commissioner and Greek Cabinet Minister, Anna Diamantopoulou. "Anna Diamantopoulou has undeniable multifaceted...

Greeks Spend More on Healthcare Than Any OECD Country

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"...

Greek Students' Performance Slips in OECD Assessment

The Organization for Economic Co-operation and Development (OECD) recently published its new triennial PISA report for 2018, in which it ranks scores of countries in the educational performance of their high school students in core subjects. Greek students' performances ranked...

OECD Releases Cautiously Positive Report for Greek Economy

The Greek economy is projected to grow by 2.1 percent in 2020 and 2.0 percent in 2021, after experiencing a 1.8 percent growth rate in 2019, the Organization for Economic Cooperation and Development (OECD) said on Thursday. In its newest...

Google, EU, OECD Technocrats on a Mission to Reform Greece

Committed to reforms and reducing bureaucracy in the Greek public sector, newly-elect Prime Minister, Kyriakos Mitsotakis, has appointed several technocrats to ministries with impressive resumes. Some of the new ministers and deputies in the government are not politicians but industry...

OECD Forecasts 2.1 Percent GDP Growth for Greece in 2019

Greece's economic recovery is expected to maintain its momentum, with the country's Gross Domestic Product (GDP) rising by 2.0 percent or slightly more in 2019 and 2020 after an 1.9 percent growth rate in 2018. These latest figures come...

Greek Middle Class is On the Ropes, Says OECD Survey

Greek middle-class households are struggling to maintain their economic solvency and the lifestyles to which they have become accustomed, according to an OECD report published on Wednesday. The report titled "Under Pressure: The Squeezed Middle Class," which surveys most of...

OECD Says Greek Economy to Grow by 2.2 Percent in 2019

Economic growth in Greece will exceed two percent in 2019 and 2020, the Organisation for Economic Cooperation and Development (OECD) stated in its Economic Outlook report, released on Wednesday. The report notes that the GDP in Greece is projected to...

OECD: Unemployment in Greece Affects University and High School Graduates Alike

Despite the fact that unemployment in Greece has decreased to 19 percent, it continues to affect university and high school graduates alike, the newest OECD report says. The Organization for Economic Co-operation and Development study entitled "Education at a Glance...

Greece World Champion in Tax Hikes in 2015-2016, OECD Report says

Greece recorded the largest increase in taxes worldwide in the 2015-2016 period, a new Organization for Economic Co-operation and Development (OECD) report says. The report entitled "Tax Policy Reforms 2018" issued on Wednesday shows significant taxation developments in countries such...

OECD Data Shows Greece Lags in Broadband Connections

Although Greece has made strides in recent years in improving broadband growth, the country is still lagging in the sectors of mobile and fiber-optic broadband, according to the latest OECD data. Compared to the majority of the OECD member countries,...

OECD Report Reveals Greeks to be EU's Hardest Workers

New data on working hours from the Organization for Economic Development and Cooperation (OECD) has blown away the stereotype of 'lazy' Greeks basking in the sun, sipping frappe. An OECD study covering 36 countries reveals that Greeks work 2,035 hours per year,...

OECD Says Greek Debt Repayments Must be Made Sustainable

Greece's "remarkable reform effort of the past two years" needs to be supported by steps to make its debt repayments sustainable, the head of the OECD said on Monday. Speaking in Athens during a high-level visit to unveil the 35-nation...