All posts tagged euro zone

Photo: Steve Ford/
August 14, 2014, by The Sofia Globe staff

Bulgaria’s economy posted 0.5 per cent growth in the second quarter of the year, the National Statistical Institute (NSI) said in a flash estimate on August 14. Bulgaria was one […]

three euro coins two one euro and a 50 euro cent coin

Lithuania ready to adopt euro, Bulgaria still falls short – EC convergence report

June 4, 2014, by The Sofia Globe staff

The European Commission released its latest euro area convergence report on June 4, assessing the readiness of EU member states to adopt the common cu ...

Photo:  Pedro Moura Pinheiro/

Euro zone debt rising in spite of austerity measures

July 22, 2013, by VOANews

The combined debt in the eurozone continues to grow, even as many of the 17 nations in Europe’s currency bloc have adopted austerity measures to ...

Photo: Steve Ford/

Latvia to adopt euro on January 1 2014

July 9, 2013, by The Sofia Globe staff

The economic and financial affairs council of the European Union (Ecofin) passed on July 9 a decision allowing Latvia to adopt the euro as its currenc ...

  • Photo: Steve Ford/
    Latvia ready to join euro zone in 2014, EC says
    June 6, 2013, by The Sofia Globe staff

    The European Commission has published its annual convergence report on Latvia, concluding that the country was ready to join the euro zone on January 1 2014 and proposing that the […]

  • Photo: svilen001/
    Euro zone annual inflation down to 1.2% in April
    May 16, 2013, by The Sofia Globe staff

    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 […]

  • Photo:  Pedro Moura Pinheiro/
    European recession now longer than 2008 financial crisis
    May 16, 2013, by Mil Arcega of VOANews

    The Eurozone economy shrank more than expected in 2013, falling two tenths of one percent between January and March.  The new data means the 17-nation currency bloc has now been […]