16th arrondissement of Paris

Profits drive prices higher

Corporate profits are fueling inflation to a large extent in Greece and will continue to do so in the coming years, according to the fall forecasts of the European Commission, which confirm previous relevant estimates of the OECD and calculations of other independent bodies, including the Bank of Greece.

Universities turning attention to labor market

The presence for the first time of a Hellenic Federation of Enterprises and Industries (SEV) representative at Friday's meeting of rectors sent a clear message that universities are turning their attention to the labor market.

Tellingly, the rectors are calling on the Education Ministry to strengthen the institution of the practical training of graduates.

Bulgaria has maintained its Rating in the Latest Edition of the Wealth of Nations Index

The Wealth of Nations Index is an innovative measure of economic development created by the Warsaw Enterprise Institute. Out of 38 classified countries (EU+OECD), Bulgaria ranks 36th. This is a rise of one notch compared to the previous edition. Ireland along with Switzerland and the United States are the top 3 countries on WNI.

Caretaker PM: Bulgaria meets the OECD Standards to a High Degree

"Our initial self-assessment showed that Bulgaria meets OECD standards to a high degree. With maximum internal mobilization, we have the ability to complete the accession process in about three years." This was commented by Caretaker Prime Minister Galab Donev at a joint press conference with OECD Secretary-General Matthias Korman.

Economic resilience and risks for Greece

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.

Foreign Minister: Joining the OECD is Bulgaria's most Serious Integration Effort after the EU and NATO

"The accession of Bulgaria to the OECD is the most serious integration effort of our country after our admission to the EU and NATO", said acting Foreign Minister Nikolay Milkov at a briefing in the Council of Ministers.

OECD recommends Slovenia to address inflation, implement reforms

Brdo pri Kranju – The OECD recommends to Slovenia in its latest report to focus on high inflation in the short term and then accelerate reforms that would increase productivity, make growth more sustainable and address ageing. Absence of reforms is to put additional pressure on pensions, healthcare and the labour market.

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