Organisation for Economic Co-operation and Development

According to the OECD

A global push to enact a minimum international tax on big corporations moved closer to reality on Oct. 8 as one of the last holdouts, Hungary, agreed to join a reform that now counts 136 countries.

The OECD-brokered deal, which sets a global tax of 15 percent, is aimed at stopping international corporations from slashing tax bills by registering in nations with low rates.

The Minister of Foreign Affairs, Bogdan Aurescu, who was on an official visit to Ljubljana on Friday, had consultations with his Slovenian counterpart, Anze Logar, on which occasion he highlighted the need for solidarity and unity within the European Union.

The head of the International Monetary Fund has warned that the global economy risks a return of the Great Depression, driven by inequality and financial sector instability.

The government has approved additional expenditure in 2019 to fund activities for the country's accession to the Organisation for Economic Co-operation and Development (OECD), said the government press office.

Prime Minister Viorica Dancila attended on Saturday, within the visit that she is paying to Washington, D.C., a working lunch together with representatives of the US companies which have investments in Romania and, on this occasion, she reconfirmed our country's desire to strengthen the economic dimension of the Strategic Partnership with the US.

President Klaus Iohannis said on Tuesday that UK's withdrawing from the European Union will bring about a diminution in the EU budget, showing that the right solution would be "slightly increased" national allocations.

The head of state welcomed visiting Slovak Prime Minister Peter Pellegrini on Tuesday.

New Democracy's shadow finance minister Apostolis Vesyropoulos said the Organisation for Economic Co-operation and Development's (OECD) 2018 report on tax policy reforms that shows Greece leading among its members in the increase of tax burdens in 2015-2016 is a "slap in the face" for the government.

President Klaus Iohannis welcomed visiting Latvia's Foreign Minister Edgars Rinkevics at the Cotroceni Presidential Palace on Thursday, to discuss bilateral co-operation, European and security affairs.

Joining the Organisation for Economic Co-operation and Development (OECD) is regarded, in the first place, as a modality to stimulate reforms in Romania, incorporated in the objective of increasing the welfare of citizens, Romanian Foreign Affairs Minister Teodor Melesdcanu said in Paris on Friday, on the occasion of the visit to the OECD seat, where he met the organisation Secretary General, A