As the political debate on VAT reductions in the country is “ignited”, the OECD published its annual report on Greece on Thursday and recommends that the government limit or abolish low VAT rates, remove tax exemptions for pensioners, and increase taxes on “unhealthy” habits and products such as tobacco or anything containing sugar, salt, etc.

Foreign direct investment (FDI) in Greece has increased sharply over the last three years compared to the previous period, according to the latest Organisation for Economic Cooperation and Development (OECD) report "FDI in Figures".
From an average of 4.15 billion dollars in the three-year period 2017-2019, it reached 6.7 billion dollars in the three-year period 2021-2023, marking an increase of 62% as the Greek economy recorded significant growth rates.
In 2020, FDI had fallen to 3.2 billion dollars, but this was due to the coronavirus pandemic that led to a halt in economic activity, with global FDI plunging 58% in that year.

The recommendations of the Organization for Economic Co-operation and Development (OECD) for Greece may be positive, but with many footnotes as the challenges for the competitiveness of the economy still remain and prevent important investments. In particular, the OECD stands on the effectiveness of the judicial system, recommending changes.