Economy of the European Union
Crisis has major impact on the economics of immigration
Besides locals, the crisis that has been gripping Greece for the last six years has also had a major impact on the economic activities of immigrants.
Central bank: Inflation lowest in 50 years
Central bank: Inflation lowest in 50 years
BELGRADE -- The inter-annual inflation in Serbia dropped in June to the lowest level in 50 years, totaling as few as 1.3 percent, the National Bank of Serbia (NBS) said.
In the first half of the year, inflation oscillated above the target rate of 4 plus or minus 1.5 percent, states the latest NBS report.
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Eurozone officials approve release of 1-billion-euro loan tranche
Eurozone officials on Wednesday approved the disbursement of another 1 billion euros in rescue loans to Greece with the money expected to be dispensed by Thursday.
With euro bears this rabid, Pimco says shorts a risk
By Anchalee Worrachate
Sentiment in the foreign-exchange market is so bearish toward the euro that its bullish.
Europe’s economic engine stutters as Spain outperforms Germany
By Stefan Riecher
Germany probably underperformed Spain last quarter for the first time in more than five years as the euro-area recovery almost ground to a halt.
Heavy Downpours Cause Vegetables' Wholesale Prices to Soar
Vegetables' prices in Bulgaria are up BGN 0.09 (EUR 0.046) in just a week, data from trade watchdogs say.
Compared to August 2013, they are risen by 50 percent, according to the State Commission on Commodity Exchanges and Wholesale Markets.
Bad loans cast a heavy shadow on bank recapitalization plans
Croatian Food Industry Counts Cost of Russian Ban
Croatia’s agriculture business expects to suffer some pain as a consequence of the Russian food import ban, which the Kremlin imposed this week in retaliation to EU and US sanctions imposed on Russia in connection to the crisis in Ukraine.
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Bulgaria’s EU Funds Minister Urges Continuity in Reform Effort
Bulgaria needs to persevere in its commitment to reforms to benefit from the approved EU funding of some EUR 10 B until 2020, the Deputy PM for EU Funds Management has said.
Currency lowest this year, NBS aims for "stabilization"
Currency lowest this year, NBS aims for "stabilization"
BELGRADE -- The aim of the central bank the coming period is to focus on stabilization of the inflation rate on a low and sustainable level, says Jorgovanka Tabaković.