Great Recession in Europe
Fund inflow for properties continues
The flow of money from abroad for the acquisition of properties in Greece soared 157.7 percent in January compared to the same month in 2018, according to Bank of Greece data, as international investors continue to focus on the country's real estate sector.
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Growth estimates for this year slide anew
National Bank analysts estimate that Greece's growth rate this year will not exceed 2 percent, below government and creditor forecasts, as they expect that the slowdown in the eurozone will impact the Greek economy via exports.
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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.
Growth rate fails to make 2 percent level in 2018
Last year's growth rate missed the budget target and lagged the forecasts of the government and the country's creditors, as it amounted to just 1.9 percent according to provisional figures published on Thursday by the Hellenic Statistical Authority.
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Greek economic expansion slows in fourth quarter
Greece's economy shrank slightly in the last three months of 2018 after expanding for nine consecutive quarters, government data showed on Thursday, with the annual pace of growth also slowing.
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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).
Strong interest in Greek 10-year bond, yield set at 3.9 percent
Investors' bids on a new Greek 10-year bond issue exceeded 11.3 billion euros, with the yield set at 3.9 pct, sources said on Tuesday.
Earlier in the day, in an announcement to the Athens Stock Exchange, Greek authorities said that bids exceeded 10 billion euros.
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]
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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.
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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.