Organization for Economic Cooperation and Development

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.

OECD calls for reforms to boost growth rate, make debt sustainable

Greece needs to further extend its real age of retirement and to abolish all kinds of tax exemptions, the Organization for Economic Cooperation and Development (OECD) has recommended in a report published on Monday, so that the growth rate accelerates, fiscal revenues expand and the national debt becomes sustainable.

OECD calls for an even tighter fiscal policy to bolster growth

Greece needs to further extend its real age of retirement and to abolish all kinds of tax exemptions, the Organization for Economic Cooperation and Development (OECD) has recommended in a report published on Monday, so that the growth rate accelerates, fiscal revenues expand and the national debt becomes sustainable.

Greek bond yields give way

Greek government bond yields hit fresh two-and-a-half-month lows after Organization for Economic Cooperation and Development (OECD) chief Angel Gurria said on Monday that Greece has made "enormous" reform efforts since its debt crisis broke out and its international lenders must now grant it debt relief.

OECD chief says Greece deserves debt relief after 'enormous' reform effort

Greece has made an "enormous" reform effort since its debt crisis broke out and its international lenders must now grant the country debt relief, OECD chief Angel Gurria said on Monday.

Gurria, who met Greek Prime Minister Alexis Tsipras in Athens, urged Greece to continue with reforms after its third international bailout expires in August.

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