European Union

Stats Show Fewer Workers - and Fewer Jobless - in Croatia

Although recent statistics show Croatia had the biggest annual drop in the unemployment rate in the EU last year, figures also show the number of people in work in Croatia has also declined.

A report published on Tuesday by the EU statistical agency Eurostat said Croatia's unemployment rate fell from 15 per cent in December 2015 to 11.4 per cent in December 2016.

Russia Covers Nearly 1/3 of Europe's Gas Consumption in 2016

Russia has covered nearly one-third of the consumption of gas in Europe in 2016 - a record level reached in spite of tensions between Russia and the EU, announced representatives of Gazprom, cited by AFP.

The management of the company estimated its market share in Europe in 2015 at 31% which was a record even then.

Bulgaria OKs EUR 200 M Loan Agreement with CoE Bank

The Bulgarian government has approved a loan agreement with the Council of Europe Development Bank (CEB) that will allow co-funding of projects implemented under EU programs.

The EUR 200 M loan will boost the absorption of EU funding by partly reimbursing the Bulgarian contribution to the funding of investment projects realized in the country.