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OECD
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Economy
OECD proposes ways to improve competition, estimates positive economic impact at 414 mln The Organisation for Economic Cooperation and Development (OECD) published on Monday its third assessment of Greece’s competition laws and regulations, identifying those that may hinder the competitive and efficient functioning of markets.
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Society
Adult skills in Greece lacking, indicates OECD survey The share of adults in Greece who score at the highest levels of proficiency in literacy, numeracy and problem solving is considerably smaller than the OECD average, an adult skills audit by the Paris-based organisation has found.
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EconomyMacroeconomy
OECD sees economy picking up from second half of 2016, underlines need for reforms In its latest economic outlook published on Wednesday, the OECD says it expects the Greek economy to recover in the second half of 2016.
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EconomyMacroeconomy
Greek tax wedge remained far above OECD average in 2015 The tax wedge in Greece remained well above the OECD average in 2015, according to the OECD Taxing Wages 2016 report released on Tuesday.
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EconomyMacroeconomy
OECD sees potential for recovery in Greek economy, stresses benefits from reforms In its latest economic survey on Greece published on Thursday, the OECD stressed the domestic economy is gradually recovering but that high social costs persist.
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EconomyMacroeconomy
OECD sees recession in 2015-16, stresses need for reform implementation In its latest economic forecasts published on Monday, OECD revised downward its GDP estimates on Greece and is now expecting a recession of 1.4 percent in 2015 and 1.2 percent in 2016.
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Society
Greek household income falls almost 30 pct in 8 years, finds OECD Household disposable income fell by 27.5 percent per capita in Greece from 2007 to the first quarter of 2015, bucking the trend in the world’s leading industrialised nations, where the figure went up by 8.13 percent.
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EconomyMacroeconomy
OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures In its latest Economic Outlook report released on Wednesday, the OECD slashed its Greek GDP estimates to 0.1 percent in 2015 from 2.3 percent in its previous forecast published last November.
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Society
Income inequality in Greece has grown during crisis, OECD report shows Income inequality between the richest and poorest in Greece society has increased over the past few years, with the top tenth of society earning 12.3 times more than the poorest in 2012, up from 10.5 in 2007, a report from the Organisation for Economic Cooperation and Development has found.
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EconomyMacroeconomy
Tax wedge for single, married Greeks well above OECD average The tax wedge in Greece remained well above the OECD average in 2014, according to the organisation’s Taxing Wages 2015 report published on Tuesday.