Greece
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OECD

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...

Greece Among Few Countries To Raise Taxes Over Last Decade

According to new data published by the Organization for Economic Cooperation and Development (OECD) on Tuesday, Greece was among the nine countries out of all 36 Organization members to raise business taxes during the last decade. The nominal tax rate...

Greece Among 'Smartest Countries on Earth' in Relation to STEM Graduates Numbers

According to the latest available data, published annually by the Organization for Economic Co-operation and Development (OECD), Greece has the sixth-highest number of "STEM" graduates in the world. The latest findings were gleaned from information gathered from the OECD...

Greece is Current World Champion in Tax Increases

Greece became the world champion of tax hikes in the decade between 2007-2017, with taxes going up a total of 8.2 percent. In the same period, tax revenue increased from 32 percent to 39.4 percent of GDP, according to...

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,...

Greece's Unemployment Highest in Developed World (chart)

Greece tops all countries in the developed world in unemployment according to the Organization for Economic Cooperation and Development’s (OECD) Employment Outlook 2018. Greece has suffered a dramatic spike in unemployment, with the 2017 total climbing to 21.7% of the...