Economy of the European Union

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.

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.

By Giorgos Mantelas

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.

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"

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.

BELGRADE – The Serbian dinar fell 0.1 percent against the euro on Friday, despite the National Bank of Serbia (NBS) selling EUR 10 million in the interbank foreign exchange market, setting the official middle exchange rate at a new record low of RSD 116.9904 for one euro, the National Bank of Serbia (NBS) has said in a release.

Bulgaria's 2014-2020 Partnership Agreement with the European Commission has been concluded.

The EC press office issued an official confirmation Thursday that the PA drafted by the former socialist-led government of Prime Minister Plamen Oresharski had been approved.

Greek stocks came under strong selling pressure towards the end of trading on Tuesday, falling for the seventh straight day.

By George Georgiopoulos

Greek consumer prices fell 0.7 percent in July, with the annual pace of deflation decelerating from a 1.1 percent fall in June, data from the country's statistics service showed on Wednesday.