MANAMA / WAM Bahrain’s Economic Development Board, EDB, has said that it expects Bahrain’s Gross Domestic Product, GDP, to grow by 2.9 per cent in 2016. EDB Chief Economist, Dr. Jarmo Kotilaine, said that the forecast rate will enable Bahrain to maintain the same rate of economic growth which was achieved last year. The Bahrain News Agency, BNA, quoted Kotilaine …

  AFP Spain and Portugal received unexpected reprieve to meet the EU limits on public deficits on Wednesday as Brussels delayed a decision to slap fines against the rule-breakers until July. The delay put off a potentially embarrassing decision for Spain until after elections on June 26 and gave more time for a new government in Portugal to get on …

  Bloomberg The U.K. jobs market showed signs of cooling in the first quarter as Britain prepares for an increasingly bitter referendum on its European Union membership. The number of people in work rose by 44,000, less than a quarter of the gain seen at the end of 2015, the Office for National Statistics in London said on Wednesday. Unemployment …