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OECD

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,...

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...

Public Debt, Bad Loans Threaten Tentative Greek Recovery

Greece received some relatively good economic news this week from the OECD, coming hot on the heels of recent revelations the struggling country was first among 35 nations for tax hikes in 2016. The OECD’s economic report for Greece on...

OECD: Greece Champion in Tax Increase

Greece showed the largest increase in the ratio of taxation to total economic activity among the 35 member states of the Organization for Economic Co-operation and Development (OECD), in 2016. According to new figures released by the OECD, taxes in...