Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Sofia aims at full OECD membership, vice PM Karadzov says

Deputy Prime Minister and Minister of Transport and Communications Grozdan Karadzhov
Photo: Ministry of Transport and Communications

The government's political goal is for Bulgaria to become a full member of the Organisation for Economic Cooperation and Development by the end of 2026, Deputy Prime Minister Grozdan Karadzhov told representatives of British businesses in Bulgaria.


The forum, 'Partnering for Progress: Government and Business in Bulgaria's OECD Journey', organised by the British-Bulgarian Chamber of Commerce, was attended by over 70 company, institutional and international organisation representatives.


According to Mr Karadzhov, OECD membership would send a clear signal to the global economic community that Bulgaria can offer a stable and predictable business environment. 'It guarantees more effective public policies, higher economic growth, a better international credit rating and a higher quality of life for citizens,' he told BGNES.


Since the first formal request to join the OECD in 2007, the Deputy Prime Minister said that Bulgaria has implemented large-scale reforms in all areas of public life, from tax policy and labour legislation to fighting corruption and promoting fair competition.


Editor: Diana Tsankova
Posted in English by E. Radkova



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Cold morning, sunshine expected during the day

Wednesday's minimum temperatures will be 1–6°C , with Sofia at 1°C. Some lowland areas may have reduced visibility in the morning. It will be mostly sunny during the day, with a light to moderate south-westerly wind. Maximum temperatures will reach..

published on 10/28/25 7:05 PM

Switzerland supports Bulgaria's migration policies with over 21 million Swiss Francs

Switzerland is providing financial assistance worth 21,350,000 Swiss Francs to support Bulgaria's migration policies. "As EU's external border we have the responsibility to prevent the entry of persons who may pose a security threat, and on the other..

published on 10/28/25 6:50 PM

Draft Budget Signals Lower Minimum Wage but Higher Pension Contributions

Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code , BNR “Horizont” reports. According to sources, the minimum wage will be €605 rather than €620 (BGN..

published on 10/28/25 4:48 PM