16th arrondissement of Paris

Mitsotakis to meet with the OECD Secretary General on Thursday

Prime Minister Kyriakos Mitsotakis will meet tomorrow, Thursday 5 December at 10.00 a.m., at Maximos Mansion with the Secretary General of the Organisation for Economic Co-operation and Development (OECD), Mathias Cormann, who is visiting Athens to present the OECD’s Economic Review of Greece.

 

Greek work ethic debunks ‘lazy’ myth

Long-held stereotypes about the work ethic of Greeks have been shattered by recent reports by Eurostat and the Organization for Economic Cooperation and Development (OECD) reports.

Contrary to the image of the "lazy Greek," data shows that workers in this country clock in more hours weekly and take fewer sick days compared to their northern European counterparts.

Rents rising much faster than incomes

Despite significant hikes in wages, especially the minimum wage, the majority of Greeks are having trouble making ends meet.

And, on top of that, they are facing steep rent rises.

According to a recent survey by the Organization for Economic Cooperation and Development (OECD), 65% of Greek respondents said they are facing financial difficulties.

School’s back from summer

The excitement accompanying the start of new school which this year starts on Wednesday is somewhat tempered by the permanent tug-of-war between the leadership of the Ministry of Education on the one hand, and the teachers and their trade union representatives on the other over lower wages and departmental mergers.

OECD: Greece leads in structural reform advancements

Greece has made notable advancements in structural reforms aimed at bolstering competition, as highlighted in the latest OECD report.

According to the updated OECD Product Market Regulation indicator, which assesses competitive distortions, Greece has shown the most improvement among OECD countries from 2018 to 2023.

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