site.btaBCCI Vice-President: Bulgaria's Eurozone Membership Will Facilitate OECD Accession

Bulgaria's membership in the eurozone will encourage and support the country's accession to the Organisation for Economic Co-operation and Development (OECD) next year. This opinion was voiced on Wednesday by Vasil Todorov, Vice-President of the Bulgarian Chamber of Commerce and Industry (BCCI), during a meeting of the Euroclub held in the Chamber's building on the occasion of Denmark's rotating presidency of the Council of the EU for the next six months.

Todorov took the opportunity to thank all European countries for their support for Bulgaria's accession to the eurozone.

“This is a very important and significant achievement for Bulgaria,” he said, adding that, together with membership of the Schengen area, the eurozone is expected to have a number of positive effects on the Bulgarian economy, such as more investment, an increase in the sovereign credit rating, higher wages, and a boost to sectors such as tourism and trade.