Economy of the European Union
Germany’s 10-year bonds decline before euro-area inflation data
By Lucy Meakin
Germanys government bonds fell before a report economists said will show the euro-area inflation rate stayed near a five-year low this month.
Macedonia Registers Record Industrial Output
Industrial output in Macedonia in September rose by 9.1 per cent in comparison with the same period last year, data show. This is the biggest growth since the country exited the economic downturn in 2012.
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EU Invests EUR 647 M in Key Energy Projects
EU Member States agreed Wednesday to allocate EUR 647 to support priority infrastructure projects.
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Stark warning by Parliament’s Budget Office
Report says there is no plan for the period after the bailout program, and monitoring will certainly continue
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Vucic, Chakrabarti: Initiative for better business climate
BELGRADE - The Serbian government and the European Bank for Reconstruction and Development (EBRD) are launching a joint initiative aimed at improving the investment climate, encouraging the development of the private sector and promoting good governance in Serbia, it was released in statements by the Serbian government and the EBRD on Wednesday.
Ross says Europe still needs work after ECB stress tests
By Maria Petrakis
Wilbur Ross, the US billionaire who has invested in some of the euro-areas crisis-stricken lenders, said Europes stress tests fixed only one of the regions problems.
Corporate lending in eurozone periphery slumps further in Sept
Lending to companies in the euro zone periphery continued to fall in September, while banks in core countries kept lending more, ECB data showed on Monday, highlighting the divergence in economic strength in the bloc.
Plovdiv Mayor Signs Contract for BGN 30 M Loan from EBRD
Ivan Totev, Mayor of the Plovdiv Municipality, has signed a contract with the European Bank for Reconstruction and Development (EBRD) for a loan of around BGN 30 M.
Credit line only open to Greece if it meets economic targets, sources say
Greece will only be able to access to a precautionary credit line, currently being discussed between Greek government officials and their eurozone counterparts, if the country finds itself locked out of capital markets, according to sources in Brussels where a European Council summit was in progress on Friday.
ECB bank assessment to show 6-billion-euro capital gap, Citi says
By Nicholas Comfort
The euro areas biggest banks will show a 6 billion-euro ($7.6 billion) capital gap in the European Central Banks tests of the quality of their assets and ability to withstand economic shocks, said Citigroup Inc.