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Bulgaria’s Economy Grew 6% in 2008

Bulgaria’s economy grew by an annual rate of six per cent in 2008, making the country the fastest growing economy in the European Union. The annual growth figure was dragged lower by slower growth of 3.5 per cent in the forth quarter, half the rate of growth that was recorded …

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Weak Leu Drives Romania’s Inflation Higher

Romania’s annual inflation rate rose slightly to 6.9 per cent in February from 6.7 per cent in January, primarily due to the weakening of the national currency, the leu. The National Statistics Institute, INS, also said on Wednesday that the rise in inflation in February was due to an increase …

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Istanbul Prosecutor Indicts 56 More In Coup Plot

The state-run Anatolian news agency said the Istanbul prosecutor had submitted a 1,900-page indictment. Fifty-six more people were indicted on Tuesday on charges of plotting to overthrow Turkey’s Islamist-rooted AK Party government, and local media said two retired generals were among the suspects.

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