OECD

OECD improves Slovenia’s GDP forecast for 2020, outlook for 2021 worse

Paris – The Organisation for Economic Co-operation and Development (OECD) has slightly upgraded its forecast for Slovenia’s GDP in 2020, projecting that it will fall by 7.5% this year, while also downgrading the expected rebound in 2020, to 3.4%.

In the first half of June, the OECD said that Slovenia’s economy was expected to shrink by 7.8% this year, and then grow by 4.5% in 2021.

Economy’s structure makes it vulnerable during pandemic

The economic sectors especially hard hit by the measures introduced to curb the spread of the coronavirus, such as retail commerce and tourism, account for 45 percent of all employment in Greece, according to data compiled by the Organization for Economic Cooperation and Development (OECD). In this respect, Greece holds the worst position among 29 OECD member-states.

OECD urges stricter licenses for construction, development projects

Greece must take immediate action to place restrictions on the issuing of licenses for strategic investments and the development of public land that bypass existing zoning regulations as they pose a serious risk to the environment, the Organization for Economic Cooperation and Development (OECD) warned in its Environmental Performance Review of the country.

OECD toolkit reforms add billions

Greece's economy has benefited by 5.66 billion euros from adopting 161 market reforms recommended by the Organization for Economic Cooperation and Development, out of a total of 775 in the OECD's "toolkit," according to provisional calculations by the Hellenic Federation of Enterprises (SEV).

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