International Monetary Fund

Easter shopping helps Greek retail sales post biggest rebound in 2 years

Retail sales in Greece rebounded in April, data showed on Monday, with Easter shopping helping to post the strongest rise in more than two years.

Retail sales by volume rose 7.3 percent year-on-year after a downwardly revised 1.2 percent drop in March, according to statistics service ELSTAT.

FinMin Warns against Opposition Leader's 'Overreaction' on Banks

Excessively emotional political messages by GERB party's leader Boyko Borisov could lead Bulgaria to destabilization, Finance Minister Petar Chobanov said.

In an official statement to the media he warned against "uncontrollable and incompetent" comments on "sensitive" issues such as financial security and stability of the state.

Bulgaria 'on EU Average' in Compliance to Brussels Recommendations

Bulgaria has observed just 16% of economic recommendations issued by the EU Commission, a European Parliament survey reveals.

The data cited by EurActiv shows the country is close to the European average, which is 18% and which shows member states largely ignore the EU Commission's proposals for reform.

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