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.
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..
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