Eurozone crisis

What Fitch and BofA see for the Greek economy – Prospects and risks

International and domestic analysts see positive signs for the course of the Greek economy in 2021, but also in 2022, guided by both the resilience of GDP in the previous quarters, the best of the expected tourism July - August and of course the disbursements of the Recovery Fund.

Home prices rise 2.7 pct in June

The residential price index increased by 2.7 percent in July from the previous month, data from the Central Bank have shown.


On an annual basis, house prices across Turkey rose by 29.2 percent in the month in nominal terms, while in real terms, the increase was 9.9 percent, the bank said yesterday.

EU Commission upgrades Slovenia’s GDP growth forecast to 5.7%

Brussels – The European Commission projects that Slovenia’s economy will expand by 5.7% this year, a 0.8-point increase on its May forecast. The outlook for 2020 was slightly downgraded to 5%. The eurozone as a whole is expected to post growth rates of 4.8% and 4.5%, respectively.

FinMin Nazare: Budget measures taken this year - enough to secure adjustment strategy's approval

The budget measures taken this year are enough to secure the European Commission's nod of approval for the adjustment strategy presented in Brussels and the return of the deficit to 3 percent of GDP by 2024, Finance Minister Alexandru Nazare said on Monday at the launch of the Bucharest Stock Exchange - Envisia Boards of Elite partnership dedicated to capital market players.

Recommendation on the Excessive Deficit Procedure in case of Romania, adopted on Friday at the ECOFIN Meeting

The Recommendation on the Excessive Deficit Procedure in the case of Romania was adopted on Friday at the Meeting of the Economic and Financial Affairs Council (ECOFIN), in Luxembourg, and our country's commitment is to return to a budget deficit up to 3% of GDP by 2024, according to a press release from the Ministry of Finance.