Great Recession in Europe

Turkish industrial output up in March

Industrial production in Turkey increased 4.7 percent in March, compared with the same month last year, the Turkish Statistical Institute (TÜ?K) said in a statement on May 8.

Total output increased 2.2 percent from the previous month, the statement said. The new figure was the strongest industrial output figure since October of last year.

Bulgaria's GDP to Grow 1.0% in 2015, 1.3% in 2016 - EU Commission

Bulgaria's real GDP growth is expected to accelerate to 1.3% in 2016 from 1.0% this year, according to the European Commission's Spring 2015 Economic Forecast released on Tuesday.

The country is expected to swing to 1.0% inflation next year from 0.5% deflation in 2015. The unemployment rate is forecast to decrease to 10.4% in 2015 and 9.8% next year from 11.4% in 2014.

Half of investors expect Greece to leave eurozone within 12 months, says Germany's Sentix

Around half of investors expect Greece to leave the eurozone within the next 12 months, a survey by German research group Sentix showed on Tuesday.

Sentix's eurozone breakup index for Greece shot up to 48.3 percent in April from 35.5 percent in March, suggesting one in two investors is skeptical about pledges to keep Athens in the single currency bloc.

Pages