Economy of Portugal

Eurostat's recent data release for 2022 spotlights the profound economic contrasts existing within the European Union, shedding light on the stark disparities between affluent and struggling nations.

Driven by external demand, Slovenia's economy expanded at an annual rate of 0.7% in the first quarter of 2023, after growing by 0.2% in the previous quarter, fresh data from the Statistics Office shows.

Despite the concerns raised due to the Omicron variant, the Greek economy is counting on positive developments near the end of 2021.

Unemployment in Bulgaria in April 2021 was 4.7 per cent, down from 5.1 per cent a month earlier and from 5.9 per cent in April 2020, European Union statistics agency Eurostat said on June 1, citing seasonally-adjusted data.

According to Eurostat, the April 2021 figure represents an estimated 154 000 people in Bulgaria, compared with 169 000 in March 2021 and 192 000 in April 2020.

Greek industrial production recorded the second largest percentage increase among European Union member-states in November 2020, Eurostat said in a report on Wednesday.

The EU executive's statistics agency said industrial production in Greece grew 6.3% in November from October and rose by 8.8% in comparison with November 2019. 

Greece is expected to have a net allocation of 33.4 billion euros from a European recovery fund, while the country's contribution to the fund will total 10.1 billion euros for a gross receipt of 43.5 billion euros, according to a plan presented by the European Commission on Wednesday.

The EU's industrial output in 2019 slipped 1.1 percent compared to previous year, the bloc's statistical office reported on Feb. 12.

Eurostat said the figure was also down 1.7 percent in Eurozone during the same period.

The eurozone/euro area or EA19 represents member states that use the single currency -- euro -- while the EU27 includes all member countries of the bloc.

One in ten employed persons aged 18 years or over in the EU were found to be at risk of poverty in 2018. Over recent years, this share has risen from 8.6% in 2008 to 9.5% in 2018.

The in-work poverty risk in the EU differs slightly between women and men. In 2018, 9.9% of employed men were at risk of poverty compared to 9.1% of women.

Turkey's industrial output in November 2019 was higher than the EU's average in the same month.

While the EU average was negative 1.3 percent, the index dropped 1.5 percent in the eurozone, and rose 5.1 percent in Turkey, according to the data from Eurostat and TÜİK.

Bulgaria ranks fifth among the 28 member states of the European Union on economic growth.

In the first quarter of this year, GDP growth was 1.2%. Before our country is Croatia, whose economy grew by 1.8% in the same period, followed by Hungary and Poland by 1.5% and Romania by 1.3%.