Euro zone annual inflation down to 1.2% in April
Euro zone annual inflation was 1.2 per cent in April, down from 1.7 per cent a month earlier, European Union’s statistics board Eurostat said on May 16. The annual inflation in the EU as a whole in April was 1.4 per cent, down from 1.9 per cent in March. A year earlier, inflation was 2.6 per cent in the euro …
European recession now longer than 2008 financial crisis
The Eurozone economy shrank more than expected in 2013, falling two tenths of one percent between January and March. The …
Bulgaria records minimum growth in Q1, EU still in recession – flash estimates
Bulgaria’s economy posted 0.1 per cent growth in the first quarter of the year, the National Statistical Institute (NSI) said …
Safety nets shielded Europe’s poorest from crisis
New figures from the Organization for Economic Cooperation and Development show that social welfare programs shielded some of the poorest …
OECD sees mostly improving global economy
A new report is pointing toward improving economic fortunes throughout much of the world. The Paris-based Organization for Economic Cooperation and …
Bulgarian annual inflation down to two per cent in April
Bulgaria’s annual consumer price inflation fell for a third straight month, reaching two per cent in April, data from the …
Global food prices increase for second straight month – FAO
World food prices rose for a second straight month, the United Nations Food and Agriculture Organization said on May 9 …
EU spring forecast reduces Bulgaria’s 2013 growth estimate to 0.9%
European Commission’s spring forecast for the EU economy, released on May 3, projected a recovery from recession for the bloc …
European Central Bank cuts euro zone interest rate to record-low 0.5%
The European Central Bank governing council said on May 2 2013 that it was cutting its benchmark interest rate to …
EU unemployment rises to 12.1% in March
The 27-member European Union ended March 2013 with 12.1 per cent unemployment, seasonally adjusted, up from 12 per cent in …
Economic, business sentiment drop markedly in EU and euro zone in April
The Business Climate Indicator (BCI) for the euro zone decreased by 0.18 points to 0.93 in April 2013, according to …
