The Organization for Economic Co-operation and Development (OECD) starts membership talks with six countries, including Bulgaria, according to the OECD's website. The process is also under way for Argentina, Brazil, Croatia, Peru and Romania.
Each country will follow an individual roadmap to reaffirm its commitment to the OECD's values, vision and priorities. OECD Secretary-General Mathias Cormann commented that the candidate countries would be able to use the accession process to promote further reforms.
The organization says there is no deadline for completion of the membership process, as changes in laws, policies and practices may be required.
The political crisis is not affecting the economy in the short term – within 1-2 years , says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics. “The political crisis is affecting those who are highly regulated – mostly big..
The Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant." This project will be..
For the first half of 2024, the fast loans reached over 3 billion euros, according to the Bulgarian National Bank (BNB) . In comparison, at the end of June 2023, the granted quick loans totalled 2.5 billion euros. According to the..
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