Economy of the United Kingdom

Economic growth in the euro area and across the European Union slowed sharply in the second quarter after a better performance earlier this year, a final, unaudited Eurostat estimate showed.

Romania's Gross Domestic Product (GDP) in the first six months of 2019 by 4.7pct in unadjusted terms and by 4.8pct when adjusted for seasonality, compared with H1 2018, mainly fuelled by household consumption, according to provisional data released on Friday by the National Institute of Statistics (INS).

30 new job positions for software engineers, product managers, business analysts, designers will open the global information giant Financial Times by the end of this year at Sofia's office, Investsofia.com reported.

The company has moved to the capital another major product and technology creation team.

The world's international tourism business grew unexpectedly by 6 percent in 2018, totaling 1.4 million tourists, up from 1.34 million earlier. Surprise growth in international tourism doubled the global economic growth rate of 3.7 percent.

Shares in British electricals and mobile phone retailer Dixons Carphone rose as much as 7.6 percent on Monday after Sky News TV reported that activist investor Elliott Advisors is exploring plans to buy a "big stake" in the firm.

According to the preliminary data, Gross Domestic Product at current prices in the third quarter of 2018 is 29 822 million BGN.

The GDP per person amounted to 4 236 BGN.

Euro area annual inflation is expected to be 2.0% in November 2018, down from 2.2% in October 2018, according to a flash estimate from Eurostat, the statistical office of the European Union. 

Greece's current account balance showed a smaller surplus in September compared to the same month a year ago on the back of a wider deficit in the balance of goods, driven by a rise in oil imports, the Bank of Greece said on Tuesday.

Central bank data showed the surplus shrank to 551 million euros from a surplus of 978 million euros in September 2017.

The British company Ocado Technology opens its software center in Sofia. The company develops software and systems in five of the most innovative technological areas: AI, Robotics, Internet of Things, Big Data, Cloud.

The total financial assets of households and non-governmental organizations in the European Union have reached € 33 850 billion in 2016, Eurostat data show. They include mainly insurance, pensions and other similar instruments (38.8% of all), currency and deposits (30.4%), shares and units in investment funds (25.2%).