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OECD

136 Countries Make Deal for Minimum Global Corporate Tax

Over 130 countries have come together to establish a new global corporate tax agreement. The deal, which was announced on Friday, requires a 15% minimum corporate tax rate for the multinational companies with the largest revenues. The plan is designed...

Anna Diamantopoulou: The Greek Woman Aspiring to Lead the OECD

Anna Diamantopoulou is the first Greek female on the shortlist to lead one of the world's most powerful international organizations, the Organization for Economic Co-operation and Development (OECD). After the election of Katerina Sakellaropoulou as the first female President of...

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"...

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...

Greece Still Among Eurozone States With Very High Taxes on Consumption

According to a recent study conducted by the ''Tax Foundation'' think tank, Greece is still among those Eurozone member states that impose the highest taxes on consumption. Taxes on consumption are traditionally the highest in Europe, but after ten years...

Greek Economy Fails to Compete Due to Overtaxation

Greece is not tax competitive compared to other countries because over-taxation drives investors away, according to information gleaned from the latest International Tax Competitiveness Index (ITCI). Specifically, Greece ranks 30th among the thirty-six countries of the Organization for Economic Co-operation and...