Send to Kindle
Photo: EPA/BGNES
The еurozone area has shown a 0.3% GDP growth over the last quarter of 2014 as compared to the previous one, while the EU28 countries altogether performed even better with 0.4% increase according to a Eurostat report published on Friday.
Compared to results from the same period of 2013, the seasonally adjusted GDP of the eurozone rose by 0.9%, and by 1.3% in all EU28 countries.
Bulgaria ranked in the middle segment of the chart with 0.3% GDP rise, scoring better than France, Austria, and the Czech Republic who demonstrated a modest 0.1% increase.
Italy, on the other hand, was the only country with 0.0% growth.
The best overall performers in Europe in the period October - December 2014 were Hungary, Germany and Spain, showing a GDP growth of 0.7%. Estionia, however tops them all with the staggering 1.1% rise.
Greece, Cyprus and Finland showed a negative GDP tendency over the last three months of 2014.
US economy also demonstrated its recovery with 0.7% GDP increase from the previous quarter. If compared to the results from the same period of 2013, GDP growth would be 2.5%.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Amidst growing discontent among taxi operators across Bulgaria, drivers in major cities like Burgas, Varna, and now Plovdiv are demanding a substantial hike in fares to cope with rising operational costs
In a move sparking controversy and diplomatic ripples, the United States wielded its veto power at the United Nations to thwart a resolution advocating for the recognition of a Palestinian state
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
Italy has thrown its weight behind Bulgaria's bid for full-fledged membership in the Schengen area, affirming its steadfast support during Italian President Sergio Mattarella's two-day visit to Bulgaria
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
