OECD
Greece unemployment to remain near 27 pct through 2015, OECD predicts
Greece's unemployment rate will remain around 27 percent through to the end of 2015, according to OECD estimates made public on Wednesday.
Cultural tourism untapped, study says
Cultural tourism in Greece and research into related issues are in urgent need of comprehensive development, the Center of Economic Planning and Research (KEPE) said in its latest bulletin.
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Unionization in Turkey dragging below 10 pct
Union membership in Turkey remains below 10 percent, falling far behind European Union and OECD averages, freshly announced data from the Labor Ministry has shown.
According to statistics announced by the ministry, only 1.189 million of 12.28 million workers are union members, constituting just 9.6 percent of all workers.
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Food inflation to slow on higher crop: International bodies
Global food prices will likely decline in the upcoming few years before stabilizing as farmers boost production at a faster rate than demand rises, the OECD and United Nations have said The outlook for world food inflation looks lower and more stable as agricultural commodity prices settle over the next decade following years of volatility, the U.N.âs Food and Agriculture Organisation
Turkey needs reforms to overcome risks to growth: OECD
The OECD has urged the government to introduce necessary reforms to keep the growth robust amid domestic demand and foreign funding dependence With low domestic savings and volatile external competitiveness, Turkish growth is highly dependent on domestic demand and foreign finance, the Organization for Economic Cooperation and Development (OECD) has said in a new report that urges the go
Low interest rates thwart income equality: TÜSİAD report
Recovery of income disparity in Turkey has stalled at times of low interest rates since 2007, according to a new report released by Turkeyâs top business organization that urged for deep reforms Income disparity in Turkey has widened at times of low interest rates since 2007, a new report released by Turkeyâs top business organization has stated, amid heated interest rate debates bet
How many millions of people living in poverty in Turkey?
According to the Organization for Economic Co-operation and Developmentâs (OECD) Income Inequality and Poverty report issued in June, Turkey maintains its place among the countries where income inequality is the highest.
IEA says Iraq oil supplies not at risk if fighting contained
A lightning advance by jihadists across northern Iraq has rekindled concern on oil markets, but the IEA cautioned June 13 that supplies from leading exporter Iraq may not be at immediate risk.
One in three Greek children overweight, OECD reports
One in three Greek children is overweight or obese, according to a new report published by the Organization for Economic Cooperation and Development (OECD), which found that Greece, Italy, Slovenia and the US have the highest levels of child obesity among the OECDs 34 member countries.
Eurozone's Dijsselbloem says taxes on labor too high
The chairman of the Eurogroup of eurozone finance ministers Jeroen Dijsselbloem said on Tuesday the eurozone must "jointly reform" and added that high taxes on labor are an obstacle to growth.
Speaking in Berlin, Dijsselbloem said that national tax cuts should be coordinated across Europe.