Latvia: GDP growth outpaces EU average in Q4 2025

Latvia recorded faster gross domestic product (GDP) growth in the fourth quarter of last year compared with the average in the European Union, according to data published on March 6 by the EU’s statistical office Eurostat. According to seasonally adjusted data, Latvia’s GDP in the fourth quarter of 2025 increased by 2.5% YoY. Overall, economic…

Slovakia: budget already deep in the red

Slovakia’s state budget deficit widened significantly in the first two months of 2026, as government spending continued to outpace revenues, according to the latest fiscal data. As of the end of February, the state budget recorded a deficit of EUR 1.44 billion, almost four times higher than the EUR 346-million shortfall recorded in January. The…

Bulgaria: euro transition period completed

Bulgaria has effectively completed the transition period for adopting the euro, though formal legal adoption remains pending. Euro banknotes are now fully integrated into circulation, with the process secured and well-organized. According to Vladimir Ivanov, head of the Euro Mechanism and chairman of the State Commission for Commodity Exchanges and Markets, 87% of levs have…

Latvia: unemployment higher than EU average

In January, Latvia’s unemployment rate stood at 6.9%, which was higher than the average levels in both the European Union (EU) and the eurozone, according to data published on March 4 by the EU’s statistical office, Eurostat. According to the data, higher unemployment rates among EU member states in January were recorded in Finland (10.2%),…