Bulgaria's GDP grew by 1.7% in 2011, following a 0.4% increase in 2010, the statistics office said on March 6. Last year, the country's GDP amounted to BGN75.265bn, the National Statistics Office said in a statement. In the last quarter of 2011, the country's economy expanded by 0.3% from the previous three months after staying flat in the third quarter,...

GDF Suez will invest more than EUR100m in Romania this year in wind and gas projects, exceeding its annual investment average. The was said by Eric Stab, GDF Suezs country manager in Romania in an interview for BBJ. The operator of Europes biggest natural-gas network will invest about EUR75m in a 48-megawatt wind farm in eastern Romania, to be completed...

The Government of the Republic of Slovenia discussed the handover reports and focused on establishing the financial situation in various departments. The report findings will be presented to the social partners and opposition parties on Monday, 27 February 2012, at an extended meeting of the Economic and Social Council. When presenting the starting...

EU27 trade in goods with Russia partly recovered in 2010, after the sharp drop recorded in 2009 which interrupted a long period of growth. EU27 exports to Russia fell from 105 billion euro in 2008 to 66 bn in 2009, then rose to 86 bn in 2010. Imports decreased from 178 bn in 2008 to 118 bn in 2009, then increased to 160 bn in 2010. As a result,...

Poland, the European Union’s largest eastern member, will post the 27-nation bloc’s fastest economic growth this year, driven by corporate investment,the European Commission forecast. Gross domestic product will grow 2.5 percent, with quarterly expansion of about 0.5 percent during the year, the EU’s executive arm said in a statement...