The Paris-based organization points to the energy price shock from the Middle East conflict, warning that Greece's heavy reliance on imported fossil fuels leaves its economy exposed just as Recovery Fund investment begins to wind down.
Pierrakakis attends the OECD Ministerial Meeting in Paris, focusing on industrial policy, competitiveness, fiscal sustainability and growth.
A new OECD study places Greece among the European countries facing the greatest challenges in preventing and managing chronic illnesses, with cancer and cardiovascular diseases remaining leading causes of death and disability
The organization says the ongoing conflict in the Middle East is weighing on growth prospects and fueling inflationary pressures, with updated forecasts expected in early June
According to the OECD, the average gross wages across Europe ranged from €18,590 in Turkey to €107,487 in Switzerland in 2025.
Real disposable income rises 3.3% quarter-on-quarter as wage gains and property income drive strongest performance among advanced economies
Citing research from the Organisation for Economic Co-operation and Development (OECD), main opposition PASOK claims that increased productivity driven by artificial intelligence could offset around 10% of existing jobs in Greece
The improvements were described by Deputy Economy and Finance Minister Thanos Petralias, citing what he called “four reforms in one”
While the scale of demographic change varies across countries, a comprehensive policy approach, combining both fiscal and structural reforms, is indispensable
In an announcement, the interior ministry said the country also recorded the fifth-best performance in terms of policy design quality and the second-highest rate of implementation of anti-corruption actions
Joblessness fell sharply over the year, though the country still ranks among the bloc’s highest, while overall unemployment across advanced economies stayed broadly stable
The east Mediterranean country placed 23rd out of 38 OECD member-states, according to a report for 2024
According to the OECD, Greece’s 2024 tax policy focused on 3 main areas: social security contributions, property taxation, and the alignment of taxation with environmental and tourism objectives.
Bank of Greece data confirm that visitors spent significantly more regardless of the modest rise in arrivals. Germans, French, Italians, and Americans, in particular, boosted spending per trip, helping widen the surplus.
While the average employment rate for OECD countries reached 72.1% for Q1 in 2025, Greece lags notably, especially for the youth, women, and older age groups.
Greece’s GDP growth is projected to reach 2% in 2025 and 2.1% in 2026, according to the latest Economic Outlook report on global economic prospects released by the OECD. According to estimates, investments will be bolstered by disbursements from the EU’s Recovery and Resilience Facility, while increases in the minimum wage are expected to support […]
According to an OECD report, a single worker without children earning an average salary in Greece faces a tax burden equivalent to 39.3% of the total cost incurred by their employer. The report, which attempts to shed light on the so-called “tax wedge” (the total amount of taxes and social security contributions borne by both […]
The survey is the latest in recent studies that paint a bleak picture of living conditions in Greece, among other issues
Regarding the country’s unemployment growth the report mentions that it is expected to slow down due to rising labor costs.
At the same time, Greece's GDP index for the second quarter of 2024, based on OECD data, was only 85.07 points, placing the country again at the bottom.