Economy of the European Union
On several occasions during the course of the crisis Greece found itself very close to exiting the euro. This has been confirmed by an increasing number of publications abroad, as well as testimonies from the protagonists of the Greek and European crises.
The European Central Bank has indicated that it is close to easing monetary policy in June, according to Executive Board member Yves Mersch.
ECB President Mario Draghis comment on May 8 that officials are comfortable with taking action next month is similar to the policy signals given by his predecessor, Jean- Claude Trichet, Mersch said at an event in Berlin.
BELGRADE - The Serbian Ministry of Construction, Transport and Infrastructure and the European Bank for Reconstruction and Development (EBRD) will closely cooperate to accelerate the implementation of projects financed by the bank, head of the ministry Zorana Mihajlovic and EBRD Country Director for Serbia Mateo Patrone have said during a meeting in Belgrade.
Annual inflation in Romania rose to 1.21 per cent in April, up from the unprecedentedly low figure of 1.04 per cent recorded in March, the National Statistics Board, INS, said on Monday.
In spite of the increase, inflation remains below the central bank’s 1.5-3.5 per cent target.