Euro

In February 2024, inflation in the Eurozone slowed down to 2.6% on an annual basis from 2.8% in January, but slightly more than anticipated, as preliminary data from Eurostat indicates.

Every month, the Consumer Price Index (CPI) increased by 0.6% in February compared to the previous month when it decreased by 0.4%.

BELGRADE - The Serbian dinar's official median exchange rate against the euro is 117.1769 dinars for one euro on Thursday, which is a slight change from Wednesday, the National Bank of Serbia said.

The dinar is steady against the euro m-o-m, up by 0.1 pct y-o-y and steady relative to the beginning of the year.

Speaking at a briefing following a meeting with Croatian Central Bank Governor Boris Vujcic, Bulgarian National Bank (BNB) Governor Dimitar Radev highlighted the significant costs associated with delaying entry into the eurozone.

During his visit to Bulgaria, Croatian Central Bank Governor Boris Vujcic reassured that Croatia's transition to the euro did not result in a significant uptick in prices.

Amidst the backdrop of Bulgaria's dynamic real estate landscape, all eyes are on the potential impact of the country's imminent entry into the Eurozone. The bustling market in Sofia, Bulgaria's capital, kicked off 2023 with a noticeable decline in transactions, hovering around 14%.

As Bulgaria sets its sights on joining the Eurozone by 2025, Finance Minister Asen Vassilev remains resolute in his commitment, despite ongoing uncertainties surrounding the government's rotation. Speaking from Ghent, where he attended a meeting of EU economy and finance ministers, Minister Vassilev conveyed optimism regarding Bulgaria's economic prospects and Eurozone aspirations.

In January Greece had the highest food inflation, not only among the member-states of the eurozone, but also among the 27 member-states of the European Union.

BELGRADE - The Serbian dinar's official median exchange rate against the euro is 117.1921 dinars for one euro on Thursday, which is a slight change from Wednesday, the National Bank of Serbia said.

The dinar is steady against the euro m-o-m, up by 0.1 pct y-o-y and steady relative to the beginning of the year.

BELGRADE - The Serbian dinar's official median exchange rate against the euro is 117.1958 dinars for one euro on Wednesday, which is a slight change from Tuesday, the National Bank of Serbia said.

The dinar is steady against the euro m-o-m, up by 0.1 pct y-o-y and steady relative to the beginning of the year.

The European Commission estimates in its winter forecasts that Greece will achieve the fourth highest growth rate in the eurozone and almost three times its average in 2024.