Building activity down 15.2 pct in Feb for sharpest drop since 2020
VAT and income taxes drive revenue and budget outperformance in April
EC reports highlight tight fiscal path and economic challenges
Travel surplus continues to grow in March, up 55 pct YoY in Q1
Current account deficit widens to 2.4 bln in Mar, oil deficit more than doubles
Industrial turnover posts slowest growth in 2 years, up 1.5 pct in March
EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
The European Commission (EC) issued on Tuesday its regular spring forecasts for 2019, which showed that it is now expecting the country to grow by 2.2 percent this year compared to an estimation of 2 percent in the autumn forecast, and in line with the interim winter forecast.
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