Mathias Cormann

The establishment by the Organization for Economic Cooperation and Development (OECD) of a research center on Crete monopolized Secretary-General Mathias Cormann's visit to Athens last week. The center will analyze demographic and migration policies, issues related to the diaspora, as well as individual challenges related to the labor market and the population.

Greece's top priority this year must be its return to primary surpluses as well as maintaining them at 1.5-2% of the country's gross domestic product, the Organization for Economic Cooperation and Development (OECD) recommended in its special report on Greece, released on Tuesday, in the context of the Athens visit of its Secretary-General Mathias Cormann and his meeting with Prime Minister Kyr

The Organization for Economic Co-operation and Development (OECD) will establish a research center on Crete to analyze demographic and migration policies, issues related to the diaspora as well as individual challenges related to the labor market and the population, under an agreement signed with the government on Tuesday.

"Bulgaria expects to receive its OECD Roadmap to begin work on it", Prime Minister Kiril Petkov said during a meeting in Delphi with Secretary-General of the Organization for Economic Co-operation and Development Mathias Cormann. The Prime Minister expressed hope that there will be positive progress on the issue in the next few months.

The Organization for Economic Co-operation and Development (OECD) announced late Tuesday that it was starting talks with Bulgaria and five other countries on joining the club of rich countries, Reuters reported.

The other countries are Argentina, Brazil, Peru, Romania, and Croatia.

New Head of the OECD Proposes Bulgaria to Join the Organization

Leaders of the world's biggest economies on Oct. 30 endorsed a global minimum tax on corporations, a linchpin of new international tax rules aimed at blunting the edge of fiscal paradises amid skyrocketing profits of some multinational businesses.

Ljubljana – Prime Minister Janez Janša said that the response to the Covid-19 pandemic had been belated in particular in countries where governments needed to get parliamentary approval to take measures, as he addressed an international online conference on governments and public sector post-recovery on Monday.

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.

Foreign Affairs Minister Bogdan Aurescu had a telephone call on Thursday with the Secretary-General designate of the Organisation for Economic Co-operation and Development (OECD), Mathias Cormann, on Romania's accession to the organization, a release by the Foreign Affairs Ministry (MAE) sent to AGERPRES, informs.

Australia's biggest bank failed to adequately monitor billions of dollars in global transactions, a report claimed on Sept. 1, potentially falling foul of international regulators as it battles similar allegations at home.