Euro

Greek realty bucks euro trend

House sale prices in Greece posted the third largest increase in the European Union in the first quarter of this year, Eurostat data showed on Thursday.

The increase reached 10.4%, behind only Poland and Bulgaria, where prices recorded an annual increase of 18% and 16% respectively.

Economist: Bulgaria Faces Two-Year Wait for Eurozone Inclusion

Bulgaria is unlikely to join the Eurozone in the next two years, according to economist Prof. Krasen Stanchev, founder of the Institute for Market Economy. He explained on bTV's morning program "This Sunday" that the decision is made not by the European Commission or the European Central Bank, but by a qualified majority of Eurozone member countries.

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