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Society
Greek families shell out for education as state system falls short A study by the Center for the Development of Educational Policy (KANEP-GSEE) of the GSEE has shown that even though education in Greece is free, families spend around 3 billion euros annually on education-related expenses.
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EconomyMacroeconomy
OECD report outlines steps to reduce burgeoning poverty rate in Greece In its latest survey on Greece that the Organisation of Economic Co-operation and Development (OECD) published on Greece earlier in the week, the Paris-based think tank dedicates a section on lowering poverty and protecting households that through the loss of jobs and wage cuts have been severely affected by the crisis, leading to a significant surge in poverty rates.
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EconomyMacroeconomy
Greece’s unstable and confusing tax system failing to deliver results A report by the diaNeOsis research and policy institute has painted a troubling picture of Greece’s taxation system as the country nears it programme exit.
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EconomyMacroeconomy
OECD highlights reforms and imbalances that need to be addressed The Organisation of Economic Co-Operation and Development (OECD) issued on Monday its latest survey on Greece, which was also accompanied by a visit to Athens by Secretary General Angel Gurria during which he met the Greek Prime Minister and other officials.
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Society
Despite cuts, pension system still at risk due to old-age dependency The Organisation for Economic Co-operation and Development’s (OECD) pension reform report revealed that on a global level, the organisation believes that further reforms are required to balance the impact of ageing populations.
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EconomyMacroeconomy
OECD sees growth picking up, warns about society and financial sector The Organisation for Economic Co-operation and Development (OECD) became the latest body to confirm Greece’s return to solid growth next year, although it issued a conservative forecast for economic activity this year.
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EconomyMacroeconomy
OECD report shows Greece had highest tax ratio rise in 2016 The OECD published yesterday its regular revenue statistics for 2017. The publication has comparable tax revenue data with the latest edition, providing final data up to 2015 as well as provisional estimates for 2016.
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EconomyFeatures
Greek competitiveness rank remains low as tax, bureaucracy create obstacles Greece has dropped one place in this year’s Global Competitiveness Index (GCI), standing at 87 overall out of 137 economies. The 87th spot was occupied by Algeria last year, which this year moved to number 86.
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EconomyMacroeconomy
OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief In its latest Economic Outlook report the OECD notes that the Greek economy is starting to recover and its fiscal target has been surpassed, but that the structural reform process has been uneven.
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Economy
Greece sees highest tax wedge increase among OECD countries in 2016 The tax wedge in Greece remained above the OECD average in 2016, when it increased by more than 1 percentage point (pp), which was the highest rise among the 35 OECD countries, the OECD Taxing Wages 2017 report revealed on Tuesday.