Eurozone

Business in the Euro Area with the Lowest Growth Since 2014

Eurozone business growth is at its lowest level since 2014, driven by stagnation in France and a slowdown in Germany, according to recent reports, quoted by Econ.bg

In the shadow of political risks such as Brexit and weaker global growth, the eurozone is struggling to keep its economy healthy, according to a study by IHS Markit.

PM Dancila: Romania sees record level of foreign direct investment in first two months

Romania saw a record level of foreign direct investment over the first two months, exceeding one billion euro, the highest level after the economic crisis, Prime Minister Viorica Dancila said on Thursday in the opening of the Government meeting. "I would like to point out some data that prove that Romania's economy is on an upward trend and will continue to grow.

Bonds cost more than the yields show

The Greek government may be celebrating the "low" interest rates with which it has tapped the international bond markets this year, but those rates - besides being the highest in the eurozone - entail an additional cost that constitutes the collateral for investors, particularly the long-term investing funds.

Bond yields keep falling

The eurozone's peripheral government bond yields continued to benefit from the European Central Bank's dovish signals on Friday.
Greek government bond yields remained at 13-year lows, having fallen 19 basis points this week and 21 basis points last week.
The Greek 10-year yield was at 3.31 percent, down almost four basis points on the day.
[Reuters]

Housing Prices in Bulgaria have been Rising at the Slowest Pace in Three Years

In the last three months of 2018 house prices in Bulgaria rose by 5.5 percent on an annual basis, according to European Statistical Office data published today. This is the slowest pace since the first quarter of 2016 when the reported growth was 4.6 percent.

Bulgaria Has Chosen the Way For Rapid Fulfillment of the Criteria and Joining the Euro Zone as Soon as Possible, Ekaterina Zaharieva

,,Bulgaria has chosen the way for rapid fulfillment of the criteria and accession to the euro area as soon as possible.'' Deputy Prime Minister and Foreign Minister Ekaterina Zaharieva said at a discussion on Bulgaria's accession to the euro area.

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