Organization for Economic Cooperation and Development

Government introduces pilot program for revised unemployment benefits

The Ministry of National Economy and Finance, in collaboration with the Ministry of Labor and Social Security, announced a new unemployment benefit system, which will be introduced on a pilot basis. This revised system replaces the current flat-rate benefit, which provides a fixed amount for a specific period regardless of salary history or years of employment.

‘Slash your tax exemptions’

Changes to the tax system, to make it more efficient and growth-friendly, are what Organization for Economic Cooperation and Development Secretary-General Mathias Cormann argues are required, following up on the OECD report on Greece he presented last week in Athens.

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.

Conferences on demographics, shipping and sustainability

Population dynamics: The Crete Center of the Organization for Economic Cooperation and Development (OECD), the Delphi Economic Forum and the Municipality of Hania are organizing on Monday the first Forum on Population Dynamics and Economic Prosperity, at the Center of Mediterranean Architecture in Hania.

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