Stable Finances Pave the Way for Bulgaria’s Next Eurozone Steps
Bulgaria is expected to request extraordinary convergence reports from the European Commission and the European Central Bank for eurozone entry
Eurozone Demonstrates Overall GDP Growth
- Tweet
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%.
Related Articles:
TikTok's Last Stand: Will the U.S. Ban Really Happen on Sunday?
TikTok is preparing to shut down its U.S. operations this Sunday, with a federal ban set to take effect. The company’s social media platform
World | January 16, 2025, Thursday // 11:09
Biden Warns of Rising Oligarchy Threat in the US
President Joe Biden delivered a final address from the Oval Office on Wednesday, marking the conclusion of his political career spanning over five decades
World | January 16, 2025, Thursday // 09:52
Bulgaria’s Eurozone Entry: January 1, 2026, Most Likely, Says Asen Vassilev
Bulgaria has met the inflation criterion required for entry into the Eurozone, with an average annual inflation rate of 2.6% over the last 12 months
EU Struggles for Visa Reciprocity with US: Bulgaria Still Left Out
The European Commission reaffirmed its commitment to achieving visa-free travel to the United States for all European Union citizens
Crossing Borders: Bulgaria's Full Schengen Membership Transforms Travel to Greece and Romania
With Bulgaria's full integration into the Schengen Area, citizens now have the ability to travel freely to neighboring Greece and Romania
Stable Finances Pave the Way for Bulgaria’s Next Eurozone Steps
Bulgaria is expected to request extraordinary convergence reports from the European Commission and the European Central Bank for eurozone entry
Bulgaria’s Eurozone Entry: January 1, 2026, Most Likely, Says Asen Vassilev
Bulgaria has met the inflation criterion required for entry into the Eurozone, with an average annual inflation rate of 2.6% over the last 12 months
Inflation in Bulgaria for 2024 Stands at 2.2%, Meeting Eurozone Requirements
Bulgaria's National Statistical Institute has reported that inflation for 2024 stands at 2.2%, a slight increase from the previous year
Easily get $2025! ION Mining New Year Benefits, claim now
IONmining As the cryptocurrency market is booming, ION Mining has launched a new New Year's Eve event to help users start their digital asset investment journey in 2025.
Bulgarian National Bank Prepares for Eurozone with New Liquidity Rule
The Bulgarian National Bank (BNB) has adopted a new regulation outlining the framework for providing emergency liquidity support to solvent banks once Bulgaria joins the Eurozone
Banks in Bulgaria Raise Fees for Cash Withdrawals and Deposits in 2025
Several banks in Bulgaria have recently announced changes to their fees
