Escaping the Stigma: Bulgaria's Bid to Shed Its 'Poorest' EU Status
Bulgaria is on the brink of shedding its label as the "poorest" country in the European Union, with recent data revealing a promising trajectory towards economic convergence
Bulgaria observed the largest annual increase of its industrial producer price index among all EU member states in September 2012 (+6.6%), according to Eurostat.
Bulgaria is followed by Cyprus (+6.3%) and Romania (+6.0%), while the smallest increases were registered in Sweden (+0.5%), Malta, Austria and Slovenia (all +0.9%).
In September 2012 compared with September 2011, industrial producer prices gained 2.7% in the euro area and 2.6% in the EU27.
In September 2012, compared with September 2011, prices in total industry excluding the energy sector increased by 1.2% in the euro area and by 1.3% in the EU27. Prices in the energy sector rose by 7.0% and 6.6% respectively. Non-durable consumer goods gained 2.4% in the euro area and 2.6% in the EU27. In both zones, durable consumer goods rose by 1.3%, capital goods by 0.9% and intermediate goods by 0.7%.
In September 2012, compared with the previous month, prices in total industry excluding the energy sector gained 0.3% in both the euro area and the EU27. Prices in the energy sector remained stable in the euro area and rose by 0.5% in the EU27. In both zones, intermediate goods and non-durable consumer goods increased by 0.4%, while capital goods and durable consumer goods remained stable.
In September 2012, compared with August 2012, the industrial producer price index1 rose by 0.2% in the euro area (EA17) and by 0.3% in the EU27. In August3 prices increased by 0.9% and 1.1% respectively.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Online gambling and casinos are becoming quite the attraction for players and enthusiasts alike.
Online sports betting has taken the world by storm, offering enthusiasts an exciting way to engage with their favorite sports.
In response to the ongoing war between Russia and Ukraine, the European Commission has greenlit a significant aid package for Bulgarian farmers, totaling approximately 86.9 million euros
If you compare today's casino experience with two decades back, you can tell that a lot has changed.
Game distributors and casino sites want to be as accessible and user-friendly as possible.
The early decades of the 21st century have presided over huge changes in both society and technology, so much so that it is difficult to imagine what parts of the world today will survive to be distilled into the history books.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022