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Croatia, Bulgaria step closer to joining euro

Eu gdp shrinks 3.5 per cent

Bloomberg Croatia and Bulgaria are set for approval to join the waiting room to adopt the euro in what would be the first step toward expanding the currency union since 2015. The decision to allow the two eastern European countries into what’s known as ERM-2 is likely to be taken by euro-region finance ministers meeting on Thursday and on Friday, ...

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Serb leader vows to quell protests

Serbian president vucic's party wins election

Bloomberg Serbia’s president denounced violent protests against a proposal to reinstate one of Europe’s strictest lockdown protocols and pledged to restore order as he flew to Paris ahead of European Union-brokered talks on mending ties with Kosovo. Dozens of people have been hurt over two days of clashes between police and anti-government demonstrators in the biggest outbreak of violence against ...

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Thai PM mulls cabinet reshuffle amid ‘crisis’

Middle dc prime minister prayuth chan ocha copy

Bloomberg Prime Minister Prayuth Chan-Ocha confirmed talks on a cabinet reshuffle to begin after the three ministers quit Thailand’s biggest ruling party. “We’re facing an economic crisis. We have to continue working,” Prayuth said at a briefing on Thursday. “I ask you trust in the system I created. No matter who comes or goes, they’ll have follow my rules.” The ...

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