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 Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times . The deal is expected to be announced by the end of..
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Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
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