European Central Bank

Bulgaria Has Active Role in Juncker Plan

Bulgaria ranks 7th in the EU when scale of investments through the Juncker Plan is concerned, according to the Bulgarian National Radio. 

The country has been doing a good job. There is no room for worry, as the projects financed so far would be further supported by Brussels.

This is what European Commission Vice-President Jyrki Katainen told BTA.

End of ECB buys leaves Italy, France, Spain with 64 billion euro hangover

The end of the European Central Bank's massive stimulus program has left Italy, France and Spain seeking new buyers for up to 64 billion euro ($73 billion) of bonds, ECB data suggests.

That's how much the ECB has "overbought" those countries' debt by, according to Reuters calculations on Thursday based on the bank's end-December stock of eurozone government bonds.

Fresh values

We deserve much better as a country in the new year. It is widely accepted that Greece and its people have been through a lot in the past few years.

The country has paid a high price for the eight-year economic crisis and the three bailout programs signed with the European Commission, the European Central Bank and International Monetary Fund.

German expert says 'many mistakes' were made with Greek crisis

Peter Bofinger, one of the five members of the German Council of Economic Experts, commented last week on state German radio station DLF about the handling of the Greek crisis that "many mistakes" have been made since 2008.

The European Central Bank, he said, "realized too late how serious the crisis was."

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