Great Recession in Europe

The Bulgarian Economy Growth Lags Behind most Countries in the Region

Bulgaria remains behind most of Central and Eastern European (CEE) countries on GDP growth at the end of last year. Eurostat data show that our country is behind Romania, Slovakia and Slovenia on this indicator and outpaces only the Czech Republic and Croatia in the last quarter of 2018 compared to the same period of the previous one.

Romania's economy, up 4.1pct in 2018 to 940.477bil. lei current prices (provisional data)

Romania's Gross Domestic Product (GDP) estimated for the year 2018 amounted to 940477.5 million lei current prices, up 4.1 percent in real terms over 2017, industry contributing the most with a share of almost 24 percent in GDP formation, according to data released on Thursday by the National Institute of Statistics (INS).

Greek 10-year bond offers top 11 bln euros

Greece said on Tuesday the final yield for its new 10-year bond was set at 3.90 pct after offers for the paper exceeded 11.3 billion euros.

The initial price range for the bond, the first such maturity since 2010, was for a yield of 4.125 percent.

Greece aims to raise at least 2 billion euros from the sale, banking sources said. [Reuters]

Bond yields pointing to 10-year issue

Greek bond yields eased significantly on Tuesday, in line with other eurozone peripheral bonds, remaining on the positive course set in mid-January, right after the issue of the five-year note. This is paving the way for the Public Debt Management Agency to implement the plan to issue a benchmark 10-year bond next month.

Greece considering new bond issue next month, sources tell Reuters

Greece may attempt a second bond sale next month, its second since it emerged from an international bailout program last August, sources close to the matter said on Tuesday.
Athens aims to raise 5 billion to 7 billion euros from bond markets this year to finance part of its debt needs, according to its first annual borrowing programme since a debt crisis in 2010.

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