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.
Bulgaria has a higher share of women in science, technology, engineering and mathematics (STEM) fields than the European Union average, according to a roundtable discussion on “Women in Innovation” held in Sofia. The forum highlighted that 49% of..
The National Assembly has rejected President Rumen Radev's veto on changes to the State Intelligence Agency Act (SIA) and the State Agency Technical Operations (SATO) Act, according to BNR reporter Maria Fileva. The changes strip the president of the..
Bulgaria wants to continue investing in nuclear energy after more than 50 years of experience in the sector, Energy Minister Zhecho Stankov said on Wednesday. About 70% of Bulgarians support the move, Stankov told a Bulgarian-Korean energy..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
Partly Cloudy
Clear