Eurozone

By the End of March, Bulgaria’s Finance Ministry will have a Website for the Euro

The website, which will be the main channel for informing Bulgarian citizens and businesses about all aspects of the adoption of the euro, is expected to be developed by the end of March 2023. This was stated by the Minister of Finance Rositsa Velkova.

The European Central Bank Predicts "Very Strong" Wage Growth over the Next Few Quarters

Wage growth in the Eurozone is expected to be "very strong" over the next few quarters, but real wages are still likely to decline given the sharp rise in inflation, according to an article in the European Central Bank's economic bulletin released on Monday. Reuters.

Croatia enters the Eurozone and Schengen, Sweden takes over the EU Presidency

As of today, Croatia has become the 20th member of the Eurozone and the 27th member of the Schengen area. More than 70 border points with Slovenia and Hungary and 12 - along the sea border are being removed. On this occasion, the President of the European Commission, Ursula von der Leyen, is expected in Zagreb.

What analysts believe about possible recession in Greece during an election year

Barring extreme scenarios, the Greek economy is not expected to enter a recession in 2023. Or will it? For Greece, numerous analyses predict that in 2023 a strong growth of around 6% will be recorded, and for 2023 close to 2%, while the Eurozone and Germany are entering recession. Recently, there is a major outlook revision for the Eurozone economy.

Boštjančič, Vasle discuss Slovenia’s relatively good economic situation in Washington

Washington – Global economy is in trouble, but given the circumstances Slovenia is in a relatively good financial and economic shape, Finance Minister Klemen Boštjančič and Banka Slovenije Governor Boštjan Vasle said at the end of the a meeting of the IMF and World Bank in Washington, US. The talks focussed on inflation.

Morgan Stanley: Greece will have the best performance in the Eurozone

Morgan Stanley maintains a "constructive" stance on the Greek economy, expecting a further drop in GGBs and an outperformance of Greek shares compared to the rest of Europe. At the same time, Morgan Stanley is proceeding to upgrade the targets for the shares and the profitability of Greek banks.

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