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.
What pays better: To pay your or your landlord’s rent
It didn't take long for the housing loan installments to "soar" up by 100 euros, while at the same time, the prices of apartments for sale constantly grow, affecting rents to increase by up to 50 percent.
Massive price increases make Croats furious - "Early warnings were there..."
Complaints were made by the citizens due to price increases made by certain merchants disguised by the introduction of the Euro.
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.
Eurostat pegs inflation in Greece at 9.8% and 10.7% in the eurozone in October
Harmonized inflation in Greece "fell" to 9.8% in October, according to Eurostat data. At the same time, the consumer price index in the eurozone increased by 10.7%, setting a new record.
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.
EU continues American Big Tech battle with big Google fine
It’s getting increasingly expensive for Alphabet to operate in Europe after back to back years of 10-figure fines on the continent
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.