Calamos Supports Greece

OECD

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...

Greek Employment Rose in First Quarter of 2018: Report

  The employment rate in Greece grew to 54.1 percent of the working population aged 15-64 in the first quarter of 2018, from 53.8 percent in the fourth quarter of 2017 and 52.8 percent a year earlier, the Organisation for...

Greek PM: We Are Not Afraid of Post-Bailout Surveillance

Greek Prime Minister Alexis Tsipras has denied that Greece does not want a precautionary credit line after the bailout program ends because it is afraid of creditors' surveillance. Speaking to Germany's Die Welt Sunday edition, Tsipras spoke about the post-bailout period...

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,...

Greece at Bottom of OECD Countries in Business Environment, Talent Capitalization

Greece ranks last in business environment and low in talent capitalization among OECD member states, according to a latest OECD report.

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...

Greek Families Dogged by High Taxation

Greece ranks about half way in tax rates among the 35 countries of the OECD, a new report showed on Thursday. Although OECD workers on average paid over 25 percent of their salaries in taxes, in Greece an unmarried employee...

OECD: Greek Schools Need More Autonomy, Accountability

An OECD report on Greece's education system presented has called for more autonomy for schools and evaluation of teaching staff. The report titled Education for a Bright Future in Greece, says that due to the economic crisis, the Greek education...

High Taxes, Low Investment Dog Greek Recovery

  New data have shown the damage done by Greece's economic crisis, leaving a country with stagnant rates of research and development (R&D) as well as low tax revenues, despite Nordic levels of taxation on working families. The OECD released its...

Greeks Work Longest Hours in Europe

    Greeks work the longest hours in Europe, while Germans clock the least hours, new data by the Organization for Economic Cooperation and Development (OECD) reveal. The OECD includes 35 developed countries and some developing nations. The data were presented during the World...