Organization for Economic Co-operation and Development (OECD)
Greece
OECD: Greeks Are the Hardest Working People in Europe, But Not as Productive
Greeks are the hardest working people in Europe; however they are far from being the most productive, said a report by the Organization for Economic Co-operation and Development (OECD).
The report is based on average hours of work per year and...
Business
OECD Proposes Ban of Draft Tsipouro in Greece
In its second “toolkit” for the Greek economy, the Organization for Economic Co-operation and Development (OECD) has suggested that among the various reforms Greece should undertake is the prohibition of the sale of draft tsipouro, a traditional Greek alcoholic spirit...
Economy
Greek FinMin Varoufakis to Meet With OECD Secretary General in Paris
Greek Finance Minister Yanis Varoufakis will meet with the Organization for Economic Co-operation and Development (OECD) Secretary General, Angel Gurria, in Paris on Wednesday afternoon, Greece's Finance Ministry announced.
Varoufakis and Gurria will discuss a wide range of issues that include reforms in retail,...
Economy
The Positive Side of Greece's Flirt with Bankruptcy
The fact that Greece is on the verge of financial collapse gives it an edge in negotiations as it may get more concessions from creditors, said an analysis in Politico magazine.
In an article titled "The silver lining in Greece’s collapse,"...
Economy
French President: Agreement on Greece a Matter of Days or Hours
A deal between Greece and the institutions is imminent, French President Francois Hollande said on Wednesday while addressing an Organization for Economic Cooperation and Development (OECD) meeting in Paris.
"It is a matter of a few days....we are a...
Economy
Greek Economy to Grow by 0.1% in 2015, 2.3% in 2016
The Greek economy is expected to grow by 0.1% this year and by 2.3% in 2016, the Organization for Economic Cooperation and Development (OECD) said in its semi-annual Economic Outlook report.
The unemployment rate is projected to drop to 25.7%...
Economy
Greece Among Main Topics in G7 Summit
German Finance Minister Wolfgang Schaeuble and Bundesbank President Jens Weidmann host their G7 counterparts - Britain, France, Germany, USA, Japan, Italy, Canada - in Dresden on May 27-29.
Among the main topics to be discussed will be Greece, although no decisions...
Economy
Greece Ranks Low on OECD's World Education Rankings
The latest Organization for Economic Co-operation and Development (OECD) report on education, the largest worldwide ranking regarding school systems that has ever been conducted, found that Asian countries have the best educational systems in the world. Furthermore, the report noted that...
Economy
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...
Economy
Families Pay More Taxes than Singles in Greece
Families in Greece pay more taxes and social security contributions than any of the 34 OECD member-countries.
According to a study conducted by the Organization for Economic Co-operation and Development (OECD), single people in Greece pay less taxes than families.
The study...