Organization for Economic Cooperation and Development

The underwhelming performance of Greek students in the latest PISA (the acronym stands for Program for International Student Assessment) competition organized by the Organization for Economic Cooperation and Development likely did not come as a surprise. 

The growth rate of the first quarter of 2023 came to 2.1%, according to Wednesday's data from the Hellenic Statistical Authority (ELSTAT), with economists speaking of a slowdown, without however changing their forecasts for the year as a whole, which range from 2% to 3%.

Greek economic growth will remain robust, with real GDP growth projected at 2.2% in 2023 and 1.9% in 2024, according to the Paris-based Organization for Economic Cooperation and Development (OECD).

In July 2019, a few days after the electoral victory of New Democracy, one photo in the press was discussed more than others. During the handover ceremony at the Ministry of Labor and Social Affairs, the outgoing minister, Efi Achtsioglou exchanged a warm handshake with the new deputy minister, Domna Michailidou.

The fact that consumption in Greece is robust, despite stable salaries and high prices, means that Greeks are using their savings, notes Organization for Economic Cooperation and Development (OECD) Senior Economist Tim Bulman.

The majority (70%) of people born in the 1980s in Greece achieved a higher level of education than their parents as a result of the significant expansion of the educational system over the last four decades, according to a study by the Foundation for Economic and Industrial Research (IOBE) think tank. 

It's become par for the course: The government continuously pretends it has good reason to toot its own horn while the data, assessments and recommendations would give any other reasonable person pause.

The establishment by the Organization for Economic Cooperation and Development (OECD) of a research center on Crete monopolized Secretary-General Mathias Cormann's visit to Athens last week. The center will analyze demographic and migration policies, issues related to the diaspora, as well as individual challenges related to the labor market and the population.

Greece's top priority this year must be its return to primary surpluses as well as maintaining them at 1.5-2% of the country's gross domestic product, the Organization for Economic Cooperation and Development (OECD) recommended in its special report on Greece, released on Tuesday, in the context of the Athens visit of its Secretary-General Mathias Cormann and his meeting with Prime Minister Kyr

Greece's economic growth is likely to slow to just 1.1% this year from a 5.1% clip in 2022 as soaring energy costs and continued uncertainty about the war in Ukraine hurt spending and investment, the OECD said on Tuesday.