Economy of the United Kingdom

THE PARTIES HAVE AGREED ON THE TERMS OF THE SALE OF VODAFONE HUNGARY

Key facts:

Turkey's current account deficit came in at $2.7 billion in April, widening by $1.2 billion in the same month of last year, the Central Bank said yesterday.

On the back of the April data, the country's 12-month rolling current account gap amounted to $25.7 billion.

The British economy contracted by 0.3% in April. The Confederation of British Industry has called on the government to take urgent action to prevent an inflationary recession.

Ljubljana – The government confirmed on Thursday a bill that extracts the field of gas supply from the umbrella energy law and regulates it independently, with the additional provisions dealing with emergency measures and implementation of the solidarity mechanism of aid to EU member states in the case of gas supply disruptions.

Nearly two thirds of Romanians (62 pct) living in the urban environment could move to the countryside, in the next one or two years, but the number one condition to make this step is a good internet connection, show the results of the Vodafone Institute's Digitising Europe Pulse survey published on Wednesday.

Suffering from the fallout caused by the coronavirus-related restrictions, restaurant and café owners in Turkey are now seeking ways to reopen, putting forward proposals that may help them get back to business.

Ljubljana – Slovenia’s exports totalled EUR 3.2 billion in October, up by 2.1% on the same month in 2019. Imports meanwhile stood at EUR 2.9 billion, a 8.5% decrease year-on-year. Exports in the first ten months dropped by 3.2% on the same period in 2019 and imports decreased by 8.9%.

Turkey's current account balance posted a deficit of nearly $1.23 billion in February, according to official figures released on April 13.

The deficit was $117 million in the same period last year, said the Central Bank.

The bank's balance of payments figures showed the country's 12-month rolling surplus amounted to $6.13 billion.

In the fourth quarter of 2019 GDP1 at current prices amounted to 32 682 million BGN. In Euro terms GDP reaches 16 710 million EUR in total and 2 391 EUR per person. According to the seasonally adjusted figures, the GDP growth rate in the fourth quarter of 2019 is 3.1% compared to the same quarter of the previous year and 0.8% compared to the third quarter of 2019.

U.K.-based global travel group Thomas Cook's Belgium and Netherlands subsidiaries on Sept. 30 announced their bankruptcy.