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OECD

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...

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...