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The costs of delaying fiscal consolidation: a case study for Greece

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22-Oct-2007

Vassiliki Koutsogeorgopoulou and David Turner

Since 2004, the fiscal deficit has been brought down by over 5% of GDP to below the 3% limit in 2006, which is a major achievement. The government plans a more gradual reduction over coming years so that overall balance or surplus is reached no later than 2010.

Economic survey of Greece 2007: The gains from prompt fiscal consolidation

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30-May-2007

Delaying fiscal consolidation, particularly the urgently needed pension reform, would have substantial longer-term costs in terms of higher taxes and additional debt service costs. In addition, this would heavily skew the tax burden towards future generations.
 

Economic Survey of Greece 2005: The fiscal challenge

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07-Jul-2005

In terms of real GDP growth, the Greek economy has performed very well in recent years and has weathered the international slowdown in activity better than most OECD countries. However, in part this has ...

Options for reforming the tax system in Greece

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19-Apr-2001

Chiara Bronchi

Economics Department working paper 291. For many years Greece has not made a systematic effort to redesign the whole tax system. Changes to taxation have been made in a piecemeal fashion, and many of them ...

Special Conference: 50th Anniversary of the OECD Model Tax Convention

Conference Web Site

Fighting Offshore Tax Evasion

Grace Perez-Navarro, deputy-director of OECD’s Centre for Tax Policy and Administration, addresses harmful tax practices, including tax havens, by improving transparency and establishing effective exchange of information.

Nicholas Bray speaks with Grace Perez-Navarro

www.itdweb.org

A joint initiative by the OECD, IMF and World Bank to facilitate discussion on tax matters

International Tax Dialogue