Increase in hourly labour costs in Bulgaria among highest in EU in Q2 2012, Eurostat says
Bulgaria saw among the highest increases in labour costs on an annual basis in the second quarter of 2012 in
Read more
Business
Bulgaria joins European 2012 grape crop trend as harvest drops 30%
Bulgaria’s 2012 grape harvest is coming in at 30 per cent less than last year, but with the promise of
Read more
Hit by Greek and euro crises, Macedonia slips into recession
Macedonia is in recession after reporting two consecutive quarters of negative GDP growth, contracting 1.4 per cent in the first
Read more
Optimism over euro crisis eases market pressure
Eurozone finance ministers had a spring in their step Friday as they gathered in Cyprus for talks on the debt
Read more
US central bank launches new economic stimulus
The U.S. central bank launched new measures Thursday to try to stimulate the weak U.S. economy, even as it predicted
Read more
Fighting words: Bulgaria talks tough on Russian energy projects
Vladimir Putin raised quite a few eyebrows when his last foreign visit as president of Russia in 2008 was to
Read more
China’s spending spree in the EU
While Europeans gobble up cheap goods “Made in China,” publicity surrounding Chinese shopping practices has mainly focused on the fondness
Read more
Bulgarian monthly inflation at 0.5% in August
Bulgaria’s consumer price index rose by 0.5 per cent in August, the National Statistical Institute (NSI) said on September 12,
Read more
European Commission specifies proposed banking supervision powers for ECB in euro zone
The European Commission (EC) has outlined its proposals for a single supervisory mechanism for banks in the euro zone, giving
Read more