Europe

The FINANCIAL -- On July 23, the Commission decided to grant aid worth €16.2 million from the EU Solidarity Fund to Greece and Bulgaria following natural disasters that occurred in the winter of 2015. Greece suffered from wide-spread flooding affecting five of its regions, while considerable damage was caused in Bulgaria due to severe winter conditions. The aid, which consists of €9.9 million ...

The FINANCIAL -- At the end of the first quarter of 2015, the government debt1 to GDP ratio2 in the euro area3 (EA19) stood at 92.9%, compared with 92.0% at the end of the fourth quarter of 2014. In ...

The FINANCIAL -- The EU281 seasonally adjusted external current account2 recorded a surplus of €13.0 billion in May 2015, compared with a surplus of €11.9 bn in April 2015 and a surplus of €4.8 ...