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ECB's Coeure tells Kathimerini markets will be harsher than creditors
Relations with investors and the markets will be no easier for Athens than those with the country's creditors, European Central Bank Governing Council member Benoit Coeure warns in an interview with Kathimerini ahead of Greece's return to the markets.
Bulgaria's Consumption Stabilises As Economy Slows
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Central bank expects low inflation, and 4 percent GDP growth
At the presentation of the August 2018 Inflation Report,, Tabakovic said growth in construction and agriculture was greater than expected and had caused the central bank to assess this year's GDP growth to a level higher than anticipated.
According to the central bank, GDP growth in 2019 will be 3.5 percent, as projected previously.
Central bank governor Isarescu: Inflation pressure persists
The National Bank of Romania (BNR) is not jubilant and does not pride itself for having won the war, it's just a battle victory, as inflation is starting to go down, but inflationary pressures persist, governor of the National Bank of Romania (BNR) Mugur Isarescu said on Wednesday at the presentation of the Report on Inflation.
Production Prices are Jumping 6.8% in a Matter of Just One Year
The National Statistical Institute reports a robust rise in producer prices in June this year compared to the same month of 2017. The total producer price index in June increased by 6.8% on an annual basis, which is a prerequisite for accelerating consumer inflation in Bulgaria.
IMF praises Turkey's economic performance, points to overheating risk
The International Monetary Fund has praised Turkey's economic growth performance, while also warning of "signs of overheating," and welcoming a recent interest rate increase in a bid to curb rising inflation.
INS: Annual inflation rate goes up to 5 percent in March
The annual inflation rate went up to 5 percent in March 2018, from 4.7 percent in the previous month, on the grounds of non-food product prices going up by 6.57 percent, those of food products by 4.01 percent, and those of services by 2.9 percent.
A higher annual inflation rate was registered in June 2013, when consumer prices went up 5.37 percent.
Balkan EU States 'Need Reforms to Sustain Economic Growth'
The economies of Croatia, Bulgaria and Romania showed some improvements last year, but all three countries face challenges to boost growth further in 2018, said the latest European Commission country report, published on Wednesday.
Bulgaria: Growth to slow but remain strong
Turkey’s Central Bank holds rates, weighing inflation
Turkey’s Central Bank kept interest rates steady on March 7, saying it would keep policy tight until price pressures eased, signaling its intention to rein in inflation.
Serbian GDP 2.5 pct up in Q4 2017
BELGRADE - Serbia's real GDP growth in Q4 2017 was 2.5 pct up compared to the same period of the previous year, the national statistical office said in a statement on Wednesday.
"According to seasonally-adjusted GDP data, gross domestic product increased by 0.6 pct in the fourth quarter of 2017 compared to the previous quarter," it said.
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