Economic growth

GDP in 2017, in real terms, by 7pct higher than in 2016 (semi-final data)

The gross domestic product (GDP) estimated for 2017 was 856.726 billion lei current prices, rising in real terms by 7pct compared to 2016, according to the semi-final data published on Thursday by the National Institute of Statistics (INS).

Compared with the provisional version, in the semi-final version, the nominal gross domestic product estimated for 2017 decreased by 0.2pct.

Slovenia: World Leader in The Legatum Institute Natural Environment pillar

The London based, The Legatum Institute, published the 12th Legatum Prosperity Index at the end of November. The index is a leading indicator of economic and social wellbeing in the 149 nations covered. "This is a tool for leaders around the world to help set their agendas for growth and development.

Income Growth in Eastern Europe is Losing Momentum, but Bulgaria has the Potential for Progress

Convergence in Central and Eastern European (CEE) countries in the area of ​​income is threatened by a slowdown if these members do not restructure their economies faster and do not begin to bring about the related productivity gains. That's what Moody's warned, reports money.bg

ATHEX: Stock index and turnover end November on a high note

The MSCI stock index rebalancing was completed on Friday, while investors repositioned themselves accordingly, leading to a second day of notable gains at Athinon Avenue, as many foreign traders closed their books for the year at the end of a month that saw the main index slide 1.55 percent.

ATHEX: Stocks retake 600 pts in quiet session

While turnover remained subdued on the Greek stock market on Friday following the Thanksgiving holiday in the US on Thursday, banks' 4 percent rise managed to take the benchmark back above the 600-point mark.

The Athens Exchange (ATHEX) general index ended at 602.60 points, adding 0.65 percent to Thursday's 598.73 points. On a weekly basis it conceded 3.69 percent.

ATHEX: Stocks rattled by commotion over Brexit

Europe-wide concerns at the looming prospect of a British exit from the European Union without a prior agreement on terms have been affecting local stocks all week, and Friday was no exception, while the continuing sell-off of shares in the three banks that will exit the MSCI Standard index has taken the banks index down to a new 33-month low.

ATHEX: Blue chips see main index bottom out in the afternoon

A handful of blue chips carried the benchmark at the Greek bourse higher on Tuesday, a defensive move that boosted stock prices from lows that dragged the main index down to near 610 points.

The Athens Exchange (ATHEX) general index ended at 629.84 points, adding 1.78 percent to Monday's 618.84-point closing. The large-cap FTSE-25 index contracted 0.20 percent to 1,633.63 points.

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