Cyprus falls deeper into recession in Q2

**Fourth straight q/q decline** As expected, the Cyprus economy fell deeper into recession in the second quarter, with real GDP declining on a seasonally adjusted basis by 2.4% compared with the same

Electricity costs fuel Bulgarian inflation

Bulgaria's consumer prices jumped 1.5% in June, raising annual inflation to 3.1% after a double-digit increase of electricity costs in the European Union's poorest country. Analysts expect inflation in a country struggling

Weak China data weighs on stocks, euro

Global shares lost momentum on Friday, falling for the first time in five days after weak Chinese trade data, though declines were limited by expectations policymakers could act to shore up the