OECD

Greece, OECD, sign cooperation deal on reform

Greece and the OECD group of industrialized nations signed on Thursday a cooperation deal aimed at helping the crisis-hit eurozone country carry out reforms, officials said on Thursday.

"The OECD will provide Greece with the know-how regarding the design and the implementation of reforms which are the priorities of the Greek government," a Greek official said.

Greek PM hits out at ECB over cash squeeze

Greek Prime Minister Alexis Tsipras has accused the European Central Bank of holding "a rope" around the country's neck as Athens scrambled on March 6 to avert a looming state default.
      
The ECB "is still holding the rope which we have around our necks," said Tsipras, according to excerpts of an interview with Germany magazine Der Spiegel to appear Saturday.
      

Impact of bribery on growth is huge: OECD

The cost of bribery and its impact on economic growth is huge, Nicola Bonucci, head of legal affairs at the Organization for Co-operation and Development, said on March 6.

"What is clear is that whatever the sector we are talking about, the costs are huge," Bonucci said, speaking at the G-20 conference presided over by Turkey in Istanbul.

List of reforms Athens plans to submit to EZ partners

Α list of reforms prepared and submitted by the Greek government to its eurozone creditors will reportedly include measures on fighting tax evasion and corruption, reforming the public sector, slashing red-tape and settling overdue tax debts and “bad loans”.

12 general fields of reforms are eyed:

-Incentives for tax arrears of up to 100 installments

Bulgaria Spends Most Funds Allocated to Healthcare on Hospitals

Although Bulgaria does not have good health indicators, it is among the leaders in Europe on the amount of funds expended on hospitals.

Bulgaria spends 52 % of the state funds allocated to treatment on hospitals, which is 20 % higher than the corresponding share in other European countries, daily Sega reports.

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