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OECD
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EconomyFeatures
R&D and innovation remain low in Greece, OECD finds The OECD 2020 report on Greece highlights a persisiting lack of R&D and innovation in the economy and lower productivity compared to other countries.
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EconomyBanking
OECD advocates closer look at health and capital quality of Greek banks In its latest survey for Greece, published on Wednesday, the OECD draws attention to the Greek banking system and the importance of improving banks’ balance sheets so the lenders can resume their critical role of financing the economy, particularly due to the difficulties caused by the pandemic.
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Economy
OECD releases new outlook calling for sustained reforms post Covid-19 The latest OECD outlook for Greece, made public on Wednesday, has shown that Greece’s economy was growing at the steady pace of close to 2 percent in the three years before the coronavirus pandemic, which heralded a slowdown.
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EconomyFeatures
OECD forecasts unemployment increase into 2021 The OECD has released its employment outlook for 2020 in the context of the coronavirus crisis, highlighting the impact that the pandemic will have on the global job market.
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EconomyMacroeconomy
OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns The latest OECD economic outlook for June 2020 takes stock of Greece’s position in light of the coronavirus pandemic and presents a number of scenarios.
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Society
Greek families burdened by high tax rates A study by the Washington-based think tank, the Tax Foundation, has found that Greek families pay among the highest rates of tax out of OECD member states.
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Economy
OECD sees Greek economy most at risk from Covid-19, with impact reaching up to 35 pct of GDP The Organisation for Economic Cooperation and Development published on Monday a report that evaluates the initial impact on economic activity of containment measures taken around the globe against the spread of the coronavirus.
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Society
OECD Better Life report finds Greece still lagging in life satisfaction The annual OECD study measuring how people feel about their lives in a number of OECD countries has shed light on how Greeks feel about life in their country.
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EconomyFeatures
OECD report shows poor quality of services and low trust in govt The OECD Government at a Glance report for 2019 has shown the shortcomings in providing services to Greeks in areas such as health, justice, education and perceptions of trust for the government.
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EconomyMacroeconomy
OECD lowers growth forecast, warns Athens to maintain fiscal credibility The OECD published on Tuesday its latest global economic outlook in which it has slightly revised downward its forecasts for Greece’s economic growth over the next two years.