Organization for Economic Cooperation and Development

Greek tax increases top OECD chart

Greece is the last decade's tax hike champion among the 35 member-states of the Organization for Economic Cooperation and Development, according to a new OECD report.

The report, which reflects the huge burden imposed on Greek taxpayers, shows that Greece remains the global leader not only in the sum of taxes but also in categories such as consumption taxation and property levies.

Greece tops OECD's 2007-2017 tax chart

The Revenue Statistics report on the period from 1965-2017 published by the Organization for Economic Cooperation and Development (OECD) shows that the tax-to-GDP ratio in Greece rose by 8.2 percentage points, from 31.2 percent in 2007 to 39.4 percent in 2017.

The increase puts Greece at the top of the OECD tax chart over that period.

Deputy PM Ana Birchall represents Romania at investiture ceremony of new President of Mexico

Bucharest, Dec 2 /Agerpres/ - Deputy Prime Minister Ana Birchall attended on Saturday the investiture ceremony of the new President of Mexico, Andres Manuel Lopez Obrador, during which she presented a congratulatory message from Romania for the mandate entrusted by most Mexicans.

OECD: Greek economy to grow by 2.2 pct in 2019, foreign investment lagging

Greek economic growth will exceed 2 percent in 2019 and 2020, the Organization for Economic Cooperation and Development (OECD) said in its Economic Outlook report released Wednesday.

OECD said Greek GDP growth is projected to edge up to 2.2 percent in 2019, before dropping slightly in 2020.

Serbia won't miss out on this industrial revolution - PM

Their goal is to stimulate faster development of industries based on knowledge and digital transformation, Brnabic told a panel dedicated to blockchain technology - the central theme of an Organization for Economic Cooperation and Development (OECD) conference.

According to her, digitization represents the greatest potential for Serbia to "growth, be competitive, and leapfrog."

Deputy takes over the helm at Greece's National Bank

The National Bank of Greece's deputy chief executive, Paul Mylonas, has been appointed its new CEO after Leonidas Frangiadakis resigned in May.

The economist has been the acting CEO at National Bank, Greece's largest lender by assets, since his predecessor's resignation, and deputy CEO since June 2014.