World economy

The total value of projects implemented by the Turkish contracting sector abroad in eight months of this year has amounted to $11.2 billion.

According to Trade Ministry data, the Turkish contracting sector has continued its successful performance abroad despite risks such as the COVID-19 pandemic and the Russia-Ukraine war in recent years.

The Greek economy registered strong growth of 2.1% in the first quarter on an annual basis, while the government has set the target for the whole of 2024 at 2.5% and the European Commission estimates growth at 2.2%.

China has had the most people in the world since at least 1950, the year United Nations population data began

The latest World Economic Situation and Prospects report from the United Nations Department of Economic and Social Affairs (UN DESA) sheds light on Bulgaria's economic trajectory, painting a cautiously optimistic outlook amid global uncertainties.

Türkiye's current account deficit has widened from $4.9 billion in March to $5.4 billion in April, the Central Bank has announced.

The deficit was $2.54 billion in April last year.

"Gold and energy excluded, the current account indicated net deficit of $480 million in April," the bank said.

The National Assembly has unanimously endorsed a bill to extend a mechanism whereby the government can screen potentially risky foreign direct investment (FDI). However, investors from EU countries will now no longer be deemed foreign.

Greece posted a 5.2-billion-euro decrease in the current and capital account deficit in the first quarter of 2023 compared to the first quarter of 2022, a development related to the significant growth in the balance of secondary incomes, i.e.

Türkiye has decided to enforce a 130 percent tariff on some grain imports, including wheat, corn and barley, to protect local producers, with the decision stipulated to take effect from May 1 onward.

The Greek current account deficit fell by 3 billion euros in the January-February period this year compared with the corresponding period in 2022, to stand at €1.5 billion, the Bank of Greece said on Thursday. 

BELGRADE - The Serbian economy has shown resilience in the face of strong headwinds from high food and energy prices, weak trading partner growth, and tight global financial conditions, the International Monetary Fund (IMF) said on Wednesday after its mission completed the first review under a stand-by arrangement with Serbia.