16th arrondissement of Paris

Structural reforms in Turkey are essential if the country wishes to stimulate the economy, according to the secretary-general of the Organization for Economic Co-operation and Development (OECD).

The OECD cut its world economic growth forecasts for 2015 and 2016 on Sept. 16, warning of a dramatic slowdown in Brazil and a global outlook clouded by uncertainty over China.

The policy analysis club of 34 advanced economies had already slashed its economic forecasts just three months ago because of U.S. weakness.

The OECD on June 3 sharply lowered its global growth forecasts for 2015 and 2016, dragged down partly by a "transitory" shortfall in US performance and by businesses and governments skimping on investment.

Greece has emerged as a champion in inequality among the member-states of the Organization for Economic Cooperation and Development (OECD), whose most recent report found that across its 34 member-states inequalities in general became more acute last year.

Romania's accession to the Organisation for Economic Cooperation and Development (OECD) represents a strategic objective of the country's foreign affairs, including as part of the 2013-2016 governing programme, Maricel Popa, Secretary of State with the Ministry of Economy, Trade and Tourism, said at the 78th edition of the session of the OECD's Steel Committee, taking place in Paris, over May 1

Greece has the highest tax wedges (43.4 percent) for one-earner families with two children at the average wage among the 34 countries of the OECD, a new report by the Paris-based organization shows.

The average for OECD countries is 26.9 percent, ?Taxing Wages 2015? said.

Representatives from G20 and Organization for Economic Cooperation and Development (OECD) countries will meet in Istanbul on April 10 to discuss how companies can avoid financial risks.

OECD General-Secretary Ángel Gurría on Tuesday emphasized that the Troika is not responsible for the Greek government's problems, in statements published by the Italian newspaper "Il Sole 24", where he adds that the Athens' problems didn't begin five years ago but much further back.

Senior career diplomat Mithat Rende of Turkey has been elected as chair of the Executive Committee of the Paris-based Organization of Economic Cooperation and Development (OECD), the Foreign Ministry has announced.

Ambassador Rende has been serving as the head of Turkey’s Permanent Delegation to the OECD since the summer of 2013.

The OECD has slashed its 2015 growth forecast for Turkey from 4 to 3.2 percent in its latest Economic Outlook, released ahead of the upcoming G-20 Summit scheduled for Nov. 15.

The outlook also stated that the OECD expects some acceleration for the Turkish economy in 2016, predicting 4 percent growth.