Gold Reaches New Highs, Nearly Touching 2,400 USD per Ounce
In the early hours of Friday trading, the price of gold surged to an unprecedented peak, nearing the 2,400 USD per ounce mark
From 2009 the interest from the loans which the German financial institutions send to help the Greece economy are now more than EUR 1.34 billion according to data of the German ministry of Finance, cited by Suddeutsche Zeitung.
For example the German investment KfW granted a loan of EUR 15.2 billion in 2010. By now the interest is around EUR 393 million. Between 2010 and 2012 Bundesbank won EUR 952 million by buying government debt from the European Central Bank. Other countries from the Eurozone who participated in this scheme accepted to return their profit to the Greek Central Bank according to EurActiv. However, all operations of returning that profit to Greece stopped when in 2015 Alexis Tsipras became prime minister.
Now Atina works hard for making successful reforms in order to receive additional funding from the European Central Bank. Reported by Investor.
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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