Balgarianovinite.com Bulgaria’s progress towards membership in the Organisation for Economic Co-operation and Development (OECD) has been very good in recent months. The productive engagement of the government over the past 12 months towards the country’s accession to the Organisation is highly valued, said Mathias Cormann, Secretary-General of the OECD, on Thursday during a press conference in the Granite Hall of the Council of Ministers in Sofia. At the press conference, he presented the OECD’s economic report on Bulgaria and a review of the path the country has taken towards membership.
Cormann hopes that the accession process will be brought to a successful conclusion by the end of 2026.
According to him, OECD membership is expected to transform the country. He described it as a transformative journey, laying the foundations for stronger growth, job creation, higher incomes and improved living standards.
Despite frequent changes of government over the past four years, Bulgaria has made steady progress in this process and achieved cross-party support, which is a very important part of this journey, Cormann said, adding that this is highly valued.
The report which the OECD chief presented contains measures intended to support Bulgaria on the path to the prosperity he outlined.
“In recent years, Bulgaria has steadily narrowed income disparities compared with OECD countries. The reforms adopted as part of the country’s accession process to the OECD will allow for further progress by strengthening competition and supporting the fight against corruption,” Cormann said.
“Public debt is low, but prudent fiscal policy is now needed to preserve long-term fiscal sustainability and help bring down elevated inflation. Raising business productivity – in particular by reducing barriers to market entry – and improving the school system should be key structural policy priorities,” he added.
Cormann described Bulgaria’s accession to the euro area as an important milestone on the path to OECD membership, which is expected to boost investment, economic growth and employment.
Among the participants at the meeting were members of Bulgaria’s outgoing cabinet, including Prime Minister Rosen Zhelyazkov, Finance Minister Temenuzhka Petkova and Foreign Minister Georg Georgiev. OECD Secretary-General Praises Bulgaria’s Progress Towards Membership 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-02-05 16:32:00 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law